Target Corporation $TGT , a well-known American retailer recognized for its progressive stance on social initiatives, is now facing severe legal and financial repercussions. The state of Florida has filed a lawsuit against Target, accusing the company of concealing risks associated with its diversity, equity, and inclusion (DEI) initiatives. This marks the first instance in U.S. history where a state has sued a major retailer over alleged mismanagement of DEI policies.