SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of Commencement of a Class Action Involving Target Corp....
June 20 2016 - 10:44AM
Business Wire
The Law Offices of Vincent Wong announce that a class action
lawsuit has been commenced in the USDC for the District of
Minnesota on behalf of investors who purchased Target Corporation
(“Target”) (NYSE:TGT) securities between February 27, 2013 and May
19, 2014.
Click here to learn about the case:
http://www.wongesq.com/pslra/target-corporation. There is no
cost or obligation to you.
The complaint alleges that throughout the Class Period, Target
issued materially false and misleading information and/or failed to
disclose adverse facts regarding its Canadian expansion, including
that: (a) at the time of the opening of its first stores in Canada,
Target had significant problems with its supply chain
infrastructure, distribution centers, and technology systems, as
well as inadequately trained employees; (b) these problems caused
significant, pervasive issues, including excess inventory at
distribution centers and inadequate inventory at retail locations;
(c) these inventory issues forced Target to heavily discount
products and incur heavy losses; and (d) these supply-chain and
personnel problems were not typical of newly launched locations in
Target’s traditional U.S.-based market.
If you suffered a loss in Target you have until July 18, 2016 to request that the Court
appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff. To
obtain additional information, contact Vincent Wong, Esq. either
via email vw@wongesq.com, by telephone at 212.425.1140, or visit
http://www.wongesq.com/pslra/target-corporation.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigation involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160620005927/en/
The Law Offices of Vincent WongVincent Wong, Esq.,
212.425.1140Fax. 866.699.3880vw@wongesq.com
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