America First Legal THREAD⤵️ on TARGET suite
/1🚨BREAKING: Today, on behalf of our client, the @NationalCenter — a Target shareholder — we demanded @Target produce its books and records regarding its reckless LGBT political agenda that has apparently cost the corporation over $12 billion in market valuation.
/2 Target’s 2022 annual report acknowledges that the corporation’s core customer base is made up of “families.”
/3 @Target recognizes the risk to its company’s financial prospects if that core customer base sours on the corporation: “Our continued success is dependent on positive perceptions of Target which, if eroded, could adversely affect our business and our relationships with our guests and team members.”
/4 Nevertheless, the evidence is that Target’s management has recklessly bent the knee to the radical left. Serving “stakeholders,” not shareholders.
/5 Target donated millions to “GLSEN,” an organization that “Promotes LGBT Activism in Schools.”
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Among other things, GLSEN’s mission includes undermining parents’ federal and state constitutional and statutory rights by directing public schools to withhold “any information that may reveal a student’s gender identity to others, including [to] parents or guardians.”
/6 Target’s management apparently supports this mission because funding GLSEN is knowingly, or with reckless disregard, subsidizing GLSEN’s policy of violating parents’ rights and promoting secret gender transitions for kids.
/7 Target’s website currently lists over 100 products under the category “LGBT Pride: Kids’ Clothing,” which are often modeled by very young children and almost always feature themes designed to attract and interest them, like rainbow Mickey Mouse symbols.
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/8 These products include LGBT-themed onesies, bibs, and overalls aimed at newborn babies and toddlers, and “tuck-friendly” bathing suits marketed towards “transgender women.”
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/9 Target also knowingly stocked merchandise by “Satanist-Inspired” brand Abprallen for its pride collection. Abprallen is known for designs that glorify violence, such as designs showing the phrases “We Bash Back” with a heart-shaped mace in the trans-flag colors, “Transphobe Collector” with a skull, and ‘Homophobe Headrest’ with skulls beside a pastel guillotine.
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/10 According to Fox News, Target has lost $12 billion in market valuation due to backlash over management’s extreme political agenda.
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/11 This dramatic and sudden loss to shareholders is a direct and predictable result of management’s calculated efforts to please its extreme leftist “stakeholders,” almost none of whom shop at Target, and evidence contempt for the corporation’s core customers.
/12 America First Legal, on behalf of the NCPPR - a shareholder of Target stock - is demanding records related to the reckless promotion of LGBT products and the subsequent decline in market value.
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/13 Target and its Board of Directors have failed to uphold their fiduciary duties and should be prepared to explain to their shareholders exactly why they put ideology over shareholder interests.
>>18961424 LB
10:10 AM · Jun 6, 2023·72.1K Views
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