Former Trump Official Is Building a Legal Case Against Bud Light
Donald Trump is gearing up to sue Bud Light's parent company (as well as a number of other brands) for allegedly tanking their shareholder value through the marketing of LGBTQ-inclusive merchandise and promos amid a large-scale conservative boycott of any brands who show public support to the community, but one expert told Newsweek why it may not work.On Tuesday, America First Legal—an activist conservative law firm founded by former Trump adviser Stephen Miller—published an open call for anyone whose shares in companies like Kohl's, Anheuser-Busch, Target or any other LGBTQ-friendly company lost value to reach out to them to join a class action lawsuit they potentially hoped to file against the companies."ATTENTION: Are you a shareholder of @Target, @Kohls, @abinbev, or other companies that are promoting transgender, LGBTQ and PRIDE products and diminishing shareholder value?" the post asked with a link to the organization's email address. "We want to hear from you."ATTENTION: Are you a shareholder of @Target @Kohls @abinbev, or other companies that are promoting transgender, LGBTQ and PRIDE products and diminishing shareholder value?
We want to hear from you: info@aflegal.org https://t.co/mEbMWPp8jkNewsweek has reached out to America First Legal as well as all three named companies via email for comment.The effort, should it come to fruition, would represent another act of lawfare against the embattled Bud Light brand, which recently fell against Congressional scrutiny for allegedly violating rules regulating advertisers of alcoholic beverages after a one-off promotion it did with transgender social media influencer Dylan Mulvaney in late March.Meanwhile, stock prices have taken a nosedive.Anheuser-Busch—currently.
