Posted on 05/31/2023 5:41:04 PM PDT by RoosterRedux
Corporations that wrecked their images in woke marketing campaigns could pay a price for decisions that cost shareholders money.
On Tuesday, America First Legal took to Twitter on a fishing expedition looking for disgruntled shareholders who have seen their investments flow down the drain faster than a barrel of Bud Light since the beer’s embrace of transgender activist Dylan Mulvaney led to a weeks-long boycott that shows no sign of stopping.
“ATTENTION: Are you a shareholder of @Target @Kohls @abinbev, or other companies that are promoting transgender, LGBTQ and PRIDE products and diminishing shareholder value? We want to hear from you,” the law firm posted.
(Excerpt) Read more at westernjournal.com ...
Malfeasance.
What??? A company being sued by shareholders because they do something really stupid??? What right do shareholders have to not go broke by really stupid company decisions???
Anyway, I’ll believe that there is FINALLY a lawsuit for this crap when it’s filed...but I’m not hopeful, as there should have been THOUSANDS by now.
Horseface Alissa Heinieschitt will have to end her administrative leave!
If the lawsuit succeeds, leading to yet another drop in stock prices, can they be sued again?
You can sued just for thinking about it.;-)
It’s one thing to make bad business decisions while trying to make the right ones that will bring value. It’s an entirely different thing to devalue investor positions by making decisions based entirely upon personal ideology without considering the consequences to investors.
Good news. I’m sure company founders are rolling over in their graves, and it’s very doubtful the companies themselves can ever recover until current management is flipping burgers somewhere.
The publicity from the suit will be devastating even if they don’t lose.
The NHL is one of the pro sports organizations currently coming of the tracks for their support of sexual deviancy. A lot of the players have already revolted. Now it’s time for the fans to get their sh*t together.
Shareholders need to FIRE THE BOARD OF DIRECTORS along with the non-apologetic CEO.
If we are lucky and the trends of shareholder revolt continue, prepare to see a new performance of
“Sharknado; Feeding Frenzy, part 2”
Where the real sharks wear three piece suits!
Target and Kohl’s shareholders may have a tough case because they’d have to prove to a jury that Target’s and Kohls’ marketing strategy won’t work in the long term. But while Bud Light’s dim bulb does talk about her decisions being based on expanding market share among growing demographics, she openly talks about championing issue advocacy over sales, and she’d have a real tough case to make that her expectation that LGBTQMF gains were worth the sales losses was a rational, reasonable one.
Waiting for Clayton Kershaw to stand up for his faith and sue the Dodgers for a work environment that was hostile to Christianity.
“Horseface Alissa Heinieschitt will have to end her administrative leave!”
Isn’t giving a deposition administrative work?
Wouldn’t you love to hear her deposition?
Waiting for Clayton Kershaw to stand up for his faith and sue the Dodgers for a work environment that was hostile to Christianity.
**Another Dodger pitcher just came out with an even harsher rebuke of the Dodgers decision to allow the freak sisters..
Let’s see if any others join in
By refusing to acknowledge the disastrous results of their marketing campaign, they’re breaching their fiduciary duties
Since an article posted here earlier said that although BL is losing money, Modelo is getting more sales.
Since InBev owns both of these brands I doubt they are quaking in their high heels.
This suit would be about the decreasing stock value.
Not going anywhere
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