Everything is securities fraud – Bloomberg

We talked a few years ago about a shareholder lawsuit against Oracle Corp. for not doing enough to implement its diversity policies; now here’s one against Target for doing too much. “Everything is securities fraud” started as mostly a left-ish sort of idea, that you could sue companies for securities fraud to punish pollution or sexual harassment, but the idea is too good and too all-purpose to be limited to one side of American politics. Caring about diversity is securities fraud, and not caring about diversity is securities fraud, because everything is securities fraud, as long as the stock goes down.

Source: Everything is securities fraud – Bloomberg