Author Topic: California's law mandating corporate boards to diversify was ruled unconstitutional  (Read 550 times)

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rebewranger

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California's law mandating corporate boards to diversify was ruled unconstitutional
April 3, 20221:44 PM ET
THE ASSOCIATED PRESS

LOS ANGELES — A Los Angeles judge ruled Friday that California's landmark law mandating that corporations diversify their boards with members from certain racial, ethnic or LGBT groups is unconstitutional.

The brief ruling granted summary judgment to Judicial Watch, a conservative legal group that sought a permanent injunction against the measure that was signed into law last year. The ruling didn't explain the judge's reasoning.

The measure requires corporate boards of publicly traded companies with a main executive office in California to have a member from an "underrepresented community," including LGBT, Black, Latino, Asian, Native American or Pacific Islander.

The lawsuit argued that violated the state's constitutional equal protection clause.

https://www.npr.org/2022/04/03/1090519202/california-law-diversity-corporate-boards

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