Labor-Backed Investor Group Urges Target Shareholders To Vote Against Former CEO

Target has come under fire from a group of labor-backed investors, including, SOC Investment Group, Trillium Asset Management, and Mercy Investment Services, which is urging shareholders to vote against the company's current executive chair and former CEO, Brian Cornell, and lead independent director Christine Leahy, at Target's Annual General Meeting on June 10. The letter to shareholders was filed in a notice of exempt solicitation.