California court strikes down another law seeking to diversify corporate boards
CNN
California's efforts to mandate board diversity have been dealt another blow.
Late last week, a California judge in the Superior Court of Los Angeles ruled that the state's 2018 law requiring public companies headquartered in California to have a minimum number of women on their board violates the state's constitution.
The law required companies to place at least one woman on their board by the end of 2019 — or face a penalty. The California legislation also required companies with five directors to have at least two women by the end of 2021, and companies with six or more directors to have at least three women by the end of the same year.
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