Important Information for Target Corporation Investors: Rosen Law Firm Announces Class Action Lawsuit and Lead Plaintiff Deadline
New York, NY – Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Target Corporation (TGT) between August 26, 2022, and November 19, 2024, both dates inclusive (the “Class Period”), of the important April 1, 2025, lead plaintiff deadline. This follows a securities class action lawsuit filed against Target Corporation.
What Happened?
According to the lawsuit, during the Class Period, defendants made false and misleading statements and failed to disclose that:
- Target Corporation was experiencing declining sales due to various factors, including increased competition and supply chain issues;
- The Company’s profitability was negatively impacted by these issues;
- Target Corporation was experiencing challenges with its inventory management and logistics;
As a result of this information being withheld from the public, Target Corporation’s stock traded at artificially inflated prices during the Class Period.
How Does This Affect Me?
If you purchased Target Corporation common stock during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. The lead plaintiff is usually the investor with the largest financial interest in recovering funds for the class. In order to qualify as a lead plaintiff, the Court must determine that the claimant has a significant financial interest in the relief sought by the class, and that they are adequate and willing to serve as a lead plaintiff. The lead plaintiff will be selected before the certification of the class.
How Does This Affect the World?
The impact of this class action lawsuit goes beyond just the investors who purchased Target Corporation stock during the Class Period. The lawsuit could lead to increased transparency and accountability from publicly traded companies regarding their financial health and business operations. It also serves as a reminder for investors to carefully monitor their investments and be aware of potential risks.
Conclusion
If you purchased Target Corporation common stock during the Class Period and believe that you may be entitled to compensation, you may, no later than April 1, 2025, request appointment as lead plaintiff by contacting Laurence J. Rosen, Esq. or Philip Kim, Esq. of Rosen Law Firm at 646-7 FIRM-PC or via email at [email protected] or [email protected]. Potential lead plaintiffs have until April 1, 2025, to seek appointment as lead plaintiff.
Rosen Law Firm represents investors worldwide, focusing its practice on securities class actions and shareholder derivative litigation. The firm combines the expertise and resources of a large law firm with the flexibility and attention to individualized client needs of a boutique firm. For information on the firm’s ongoing cases, please visit
Rosen Law Firm’s securities attorneys are constantly looking into potential cases for investors. If you wish to discuss other potential legal claims, you can contact the firm’s Manhattan offices at 646-7 FIRM-PC or toll free at 866-767-3653 or via email at [email protected] or [email protected]. For more information, please visit
