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James Uthmeier
@JamesUthmeierFL
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Today, we filed a lawsuit against Target on behalf of the Florida State Board of Administration.
Target’s efforts to sexualize children caused its stock price to plummet, harming Florida’s retirement fund and putting the retirements of our teachers and first responders at risk:
4:13 PM · Feb 20, 2025
Here's the clever part; the Florida state attorney general says the retailer's woke marketing is hurting the state's retirement fund, by:
misleading shareholders and pushing a harmful, leftist agenda, at the expense of shareholder returns.
While Target told their investors they would keep the company out of controversy to protect the stock price, the retailer engaged in a marketing campaign targeting and sexualizing children. //
This radical campaign predictably caused Target's stock price to plummet, wiping out $10 billion in market value in just 10 days, and those loses put the retirement accounts of Florida's teachers and first responders at unacceptable risk.