IMPORTANT SHAREHOLDER NOTICE: Lundin Law PC Announces Securities Class Action Lawsuit against Target Corporation and Reminds Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)-- Lundin Law PC announces a class action lawsuit has been filed against Target Corporation ("Target" or the "Company") (NYSE: TGT) concerning possible violations of federal securities laws between February 27, 2013 and May 19, 2014 (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the July 18, 2016, lead plaintiff motion deadline.

To participate in this class action lawsuit, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail at [email protected].

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

The Complaint alleges that throughout the Class Period Target issued false and misleading statements to investors and/or failed to disclose that: when Target opened its first group of stores in Canada it had substantial problems with supply chain infrastructure, distribution centers, and technology systems, as well as poorly trained employees; that these problems caused significant issues, such as surplus inventory at distribution centers and insufficient inventory at retail stores; that the surplus in inventory at distribution centers and deficiency of inventory at retail locations required the Company to severely discount its products, thus incurring heavy losses; that the supply chain and employee personnel problems were not characteristic of Target's U.S. based newly launched locations; and as a result of the above, Target's public statements were materially false and misleading at all relevant times.

Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160701005960/en/

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
[email protected]

Source: Lundin Law PC

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