Trial on constitutionality of California gender quotas for corporate boards kicks off

Judicial Watch began a California Superior Court trial for December 1 in a taxpayer lawsuit challenging constitutionality of California’s gender quotas for corporate boards of directors (Robin Crest et al. v. Alex Padilla (No.19STCV27561)). The trial is expected to last three weeks and will take place in a Los Angeles courtroom Judicial Watch filed the lawsuit in Los Angeles County … Continue reading Trial on constitutionality of California gender quotas for corporate boards kicks off

New NASDAQ rule imposes racial and gender rules on US companies

Corporate board rooms, like all organizations, can benefit from a diversity of perspectives, but NASDAQ’s one-size-fits-all quota misses the mark. By defining diversity by race, gender, and sexual orientation, NASDAQ’s mandate will inevitably pressure companies to subordinate crucial factors such as knowledge, experience, and expertise when selecting board members.