Target Faces Shareholder Lawsuit Over Stock Drop Tied to Pride Products

Conservative legal group filed lawsuit alleging Target misled investors about risks of Pride merchandise.
Lawsuit claims Target focused on left-wing stakeholders over customer backlash and shareholder concerns.
Target pulled some Pride products after confrontations, losing billions in market valuation.
Lawsuit seeks damages for stock decline, accuses Target of securities law violations.
Critics condemned Target's Pride products like swimwear as pushing a "radical transgender agenda."