Item 1. Legal Proceedings
Item 1. Legal Proceedings
The following update to a previously reported proceeding is being reported pursuant to Item 103 of Regulation S-K:
On July 28, 2020, the U.S. Court of Appeals for the Eighth Circuit affirmed the prior decision by the United States District Court for the District of Minnesota (the Court) dismissing the purported Employee Retirement Income Security Act of 1974 (ERISA) class action previously filed in the Court on August 30, 2017 (the Second ERISA Class Action). The Second ERISA Class Action involved claims arising from investments in Target stock by participants in or beneficiaries of the Target Corporation 401(k) Plan and the Target Corporation Ventures 401(k) Plan during Target’s expansion of retail operations into Canada and was previously described in Target’s annual report on Form 10-K for the fiscal year ended February 1, 2020.
Item 1A. Risk Factors
Other than as described in Part II , Item 1A , Risk Factors of our Form 10-Q for the quarter ended May 2, 2020, there have been no material changes to the risk factors described in Part I , Item 1A , Risk Factors of our Form 10-K for the fiscal year ended February 1, 2020.
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