NEW YORK, June 29, 2016 /PRNewswire/ -- 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.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent
Wong