America First Legal Demands Target Corporation Produce its Books and Records Regarding its Reckless LGBT Political Agenda and the Corporation’s $12 Billion Loss in Market Valuation

WASHINGTON, D.C. – Today, America First Legal (AFL), on behalf of its client, the National Center for Public Policy Research (NCPPR), served the Target Corporation with a formal demand for the production of corporate books and records, seeking transparency regarding its management’s radical LGBT political agenda that has apparently cost the corporation over $12 billion in market valuation since mid-May 2023. NCPPR is a Target shareholder.

I’m not sure where this leads. I’m all for transparency but transparency will not change management or the board. 81% of Target’s shares are held by institutional investors. Here’s the list of the largest (they are the real cause of woke):

Vanguard Group, Inc. 9.16
Capital World Investors 7.82%
State Street Corporation 7.49%
Blackrock Inc. 7.45%
Bank of America Corporation 2.80%
Wells Fargo & Company 2.16%
Massachusetts Financial Services Co. 1.84%
Geode Capital Management, LLC 1.80%
JP Morgan Chase & Company 1.56%
Franklin Resources, Inc. 1.44%

To be clear, woke institutions investors, the same ones that push ESG and DIE, control over 50% of Target stock. They can block any shareholder meeting votes. I highly doubt that a class action suit against Target would go anywhere. They are simply doing business as they see fit and could not foresee a boycott. In other words, they have no control over far-right MAGA activists or whatever derogatory thing they think they are saying.

By the way, these large institutional investors are the quiet enemy of Americans. They control business. They own people like McCarthy, Jeffries, Schumer, and McConnell. That’s the origin of the Uniparty.

It’s a start that is past time be taken. These companies are doing a disservice to their stock-holders. It’s about time they explained themselves.

From the article linked:

“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. 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. “

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