“The State Board of Administration of Florida, the agency that manages the state’s public pension funds and is chaired by Republican Gov. Ron DeSantis, filed the suit in Florida federal court Thursday alongside the conservative America First Legal Foundation …The suit accuses Target of misleading investors about the risks of its 2023 Pride merchandise line, which it framed as a contributing factor to the brand’s sales falling for the first time in seven years.”
Read the full story on Forbes here.
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