Target's poorly thought-through hiring of a satanist to create trans merchandise targeting children has caused the company no end of headaches.
Conservative mothers across the nation banded together and boycotted the retail chain.
Then Target tried to back-pedal and pulled the merchandise, which upset the LGBTQ groups and caused backlash on the Left.
And they boycotted too.
All in all, the company's commitment to its DEI and ESG goals cost it billions in sales and market cap, eroding the value of its brand.
Now, investors that have seen their portfolios take a hit are suing the company for misrepresenting those goals to investors.
Investor Brian Craig filed a lawsuit against Target Chief Executive Brian Cornell, and the Target's board of directors.
Craig claimed Target's board misstated its oversight of "social and political risks" to the company, focusing on the wishes of progressive activist investors and failing to account for potential backlash from customers.
And Target is not the only brand in the proverbial crosshairs.
There's also Anheuser-Busch and Mulvaney-Gate.
Florida Governor Ron DeSantis has ordered an investigation into the state's holdings of Anheuser-Busch stock.
It turns out that Florida's pension fund is a massive shareholder in the company.
It appears to me that AB InBev may have breached legal duties owed to its shareholders, and that a shareholder action may be both appropriate and necessary. To protect BA and the retirees of Florida from losses attributable to AB InBev's disregard of those duties, all options are on the table.
Mulvaney-Gate has not just lost the company a bunch of money. It has cost Florida's civil servants' pension funds a lot of money, and the state is looking to sue over the company's representation of DEI and ESG.
It remains to be seen how successful these lawsuits will be, but it's certainly another tool in the kit of dismantling corporate Marxism.
Incorporating Marxism into any system is doomed to spectacular failure, as any student of history will tell you.
