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Nasdaq to Defend Board Diversity Push After California Setbacks

August 26, 2022

…California Superior Court judges earlier this year struck down state laws that directed companies based in the state to have women and minority or LGBTQ board members. The scrapping of California’s mandates is a bellwether that shows board diversity regulations struggle under judicial scrutiny, said Peggy Little, senior litigation counsel for the New Civil Liberties Alliance, which is representing the National Center for Public Policy Research, one of the conservative organizations in the Nasdaq case…Read the full article

Originally Published in Bloomberg Law