America First Legal filed a lawsuit against Target on behalf of an investor who claims the retailer misrepresented the financial risks of LGBTQ Pride marketing.
Dude has 216 shares, out of 460.9 million outstanding shares of Target. Even if Target has to pay for the loss of value in share price (they won’t), they could pay this dude without breaking a sweat. Also, Stephen Miller is a Nazi.
Assuming he can convince someone that the 52 week high represents what the stock should be worth, that’s a (181-130)*216 = $11,016 loss. What a joke. I hope he’s laughed out of court and they have to pay Target’s lawyers.
Dude has 216 shares, out of 460.9 million outstanding shares of Target. Even if Target has to pay for the loss of value in share price (they won’t), they could pay this dude without breaking a sweat. Also, Stephen Miller is a Nazi.
Assuming he can convince someone that the 52 week high represents what the stock should be worth, that’s a (181-130)*216 = $11,016 loss. What a joke. I hope he’s laughed out of court and they have to pay Target’s lawyers.