Maj Vaseghi

Latham & Watkins LLP

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California Gender Board Diversity Law Is Held Unconstitutional

The law suffers the same fate as the California board diversity law requiring directors from “underrepresented communities.” On May 13, 2022, Los Angeles Superior Court Judge Maureen Duffy-Lewis issued a ruling in Crest...more

5/18/2022 / Board of Directors , Constitutional Challenges , Corporate Governance , Diversity , Equal Protection , Gender Equity , Publicly-Traded Companies , State Constitutions , Woman Board Members

California Board Diversity Law Requiring Directors From “Underrepresented Communities” Is Held Unconstitutional

The California gender board diversity law may suffer the same fate. On April 1, 2022, Los Angeles County Superior Court Judge Terry A. Green issued a summary judgment order finding that California Corporations Code §...more

4/7/2022 / Board of Directors , Corporate Governance , Diversity , Diversity and Inclusion Standards (D&I) , Equal Protection , Gender Equity , Publicly-Traded Companies , State Constitutions , Woman Board Members

Bill To Impose Gender Quotas in Boardrooms Reflects Larger Trend

California Senate Bill 826 has passed the California Legislature and is headed to the desk of Gov. Jerry Brown, who will have until the end of September to approve or veto it. If enacted, SB 826 will require all companies,...more

9/18/2018 / Board of Directors , Corporate Governance , Gender Equity , Pending Legislation , Publicly-Traded Companies , Quotas

Boardroom Perspectives: Gender Diversity in Boardrooms Gains Momentum

Taking steps to address board composition for the long term. The movement toward greater diversity in the boardroom continues to gain momentum as market and legal forces drive boards to increase their gender and ethnic...more

9/4/2018 / Board of Directors , Corporate Governance , Diversity , Gender Equity , Proposed Legislation , Quotas , Woman Board Members

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