NEW YORK, May 19, 2016 /PRNewswire/ -- Attorney
Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds
investors that a securities class action has been filed on behalf
of those who purchased shares of Target Corporation ("Target" or
the "Company") (NYSE: TGT) between February
27, 2013 and May 19, 2014
inclusive (the "Class Period").
The Complaint alleges that throughout the Class Period
Defendants issued false and misleading statements to investors
and/or failed to disclose that: (1) when Target opened its first
group of stores in Canada it had
substantial supply chain infrastructure, distribution centers, and
technology systems problems, in addition to poorly trained
employees; (2) these problems instigated significant issues,
including surplus inventory at distribution centers and
insufficient inventory at retail stores; (3) the surplus in
inventory at distribution centers and deficiency of inventory at
retail locations required Target to severely discount its products
and suffer losses; and (4) the supply chain and employee personnel
problems were not characteristic of Target's U.S. based newly
launched locations; and (5) as a result, Target's public statements
were materially false and misleading at all relevant times.
No Class has yet been certified in the above action. If you wish
to review a copy of the Complaint or join the action, please visit
the firm's site: http://www.bgandg.com/#!tgt/fcdmx. To discuss this
action, or for any questions, please contact Peretz Bronstein, Esq. or his Investor Relations
Analyst, Yael Hurwitz of Bronstein,
Gewirtz & Grossman, LLC at 212-697-6484 or via email
info@bgandg.com. Those who inquire by e-mail are encouraged to
include their mailing address and telephone number. 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.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm's expertise includes general
corporate and commercial litigation, as well as securities
arbitration. Attorney advertising. Prior results do not
guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC