Press Release

Grand News Network | October 24, 2023

Investigation Alert Target, Redwire, Acadia Healthcare, FedEx: Johnson Fistel, LLP Encourages Long-Term Investors to Submit Their Information Below

SAN DIEGO, Oct. 24, 2023 (GLOBE NEWSWIRE) --

Target Corporation (NYSE:TGT)

Johnson Fistel, LLP is investigating potential claims on behalf of Target Corporation (NYSE:TGT).

If you are a current, long-term shareholder of Target, continuously holding your shares since August 18, 2021, you may have standing to hold the company harmless from the alleged harm caused by the Company's officers and directors by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing. You can click or copy and paste the link below in a browser to join this action:

https://www.johnsonfistel.com/investigations/target

Recently a class action lawsuit was filed against Target. The class action lawsuit alleges, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Target's strategy for mitigating supply-chain constraints by over-ordering inventory had severely limited Target's ability to timely respond to evolving consumer behavior; (ii) consequently, the purported "massive influx of insights" gained from the extraordinary heightened demand during the pandemic could not be leveraged by Target to react to rapidly changing trends; and (iii) as a result of Target's inability to timely react to changes in consumer trends, Target's sales declined and Target was left with an overabundance of inventory, forcing Target to take large markdowns, and severely impacting Target's financial results.

Redwire Corporation (NYSE:RDW)

Johnson Fistel, LLP is investigating potential claims on behalf of Redwire Corporation ("Redwire" or the "Company") (NYSE:RDW) against certain of its officers and directors.

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