Khang & Khang LLP (the “Firm”) announces that a class action lawsuit has been filed against Target Corporation (“Target” or the “Company”) (NYSE: TGT). Investors who purchased or otherwise acquired shares between February 27, 2013 and May 19, 2014 inclusive (the “Class Period”), are encouraged to contact the Firm prior to the July 18, 2016 lead plaintiff motion deadline.

If you purchased shares of Target during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the Complaint, 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.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

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