Investigation Alert TGT, RDW and ACHC: Johnson Fistel, LLP

SAN DIEGO, June 13, 2024 (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 Target shareholder and have held your shares continuously since August 18, 2021, you may have the right to indemnify the company for the alleged harm caused by the company’s officers and directors by holding them personally liable. You may also be able to help reform the company’s corporate governance to prevent future wrongdoing. You can click on the link below or copy and paste it into a browser to participate in this action:

Target Corporation

A class action lawsuit was recently filed against Target. The class action lawsuit alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (i) Target’s strategy to mitigate supply chain shortages by overordering inventory severely limited Target’s ability to respond in a timely manner to changing consumer behavior; (ii) as a result, Target was unable to leverage the alleged “massive insights” gained from the extraordinary increase in demand during the pandemic to respond to rapidly changing trends; and (iii) as a result of Target’s inability to respond in a timely manner to changes in consumer trends, Target’s sales declined and Target was left with excess inventory, forcing Target to make large markdowns and severely harming Target’s financial results.

Redwire Corporation (NYSE:RDW)

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

If you are a current, long-term shareholder of Redwire and have held your shares continuously since August 11, 2021, you may have the right to indemnify the company for the alleged harm caused by the company’s officers and directors by holding them personally liable. You may also be able to help reform the company’s corporate governance to prevent future wrongdoing. You can click on the link below or copy and paste it into a browser to participate in this action:

Redwire Corporation

A class action lawsuit was recently filed against the Company. The lawsuit filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations and prospects. Specifically, Defendants failed to disclose to investors that (1) there were accounting problems at one of Redwire’s sub-units; (2) that as a result, there were other material weaknesses in Redwire’s internal control over financial reporting; and (3) that as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and/or lacked a reasonable basis.

Acadia Healthcare Company, Inc. (NASDAQ: ACHC)

Johnson Fistel, LLP is investigating on behalf of Acadia Healthcare Company, Inc. (NASDAQ: ACHC) (“Acadia”) potential claims against certain of its officers and directors.

If you are a current, long-standing Acadia shareholder, you may have the right to indemnify the company for the alleged harm caused by the company’s officers and directors by holding them personally liable. You may also be able to help reform the company’s corporate governance to prevent future wrongdoing. You can click on the link below or copy and paste it into a browser to participate in this action:

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder class action lawsuits involving derivatives and securities. Johnson Fistel seeks to recover losses resulting from violations of the federal securities laws. For more information about the firm and its attorneys, visit http://www.johnsonfistel.com. Attorney advertising. Past results are no guarantee of future results.

Contact:
Johnson Fistula, LLP
Jim Baker, senior securities analyst
Phone: (619) 814-4471
E-mail: [email protected]