SNCJ Deep Dive: Another Legal Rebuke of CA's Board Diversity Law
If you listened to our podcast from April 26th, you know that a California court struck down a state law that required corporate boards to have a certain number of people from marginalized communities.
At the time, we were also awaiting a ruling on a similar California law that required corporate boards to have a minimum number of women. The law in question – SB 826, authored by then-Sen. Hannah-Beth Jackson – requires publicly traded corporations based in California to have a certain number of women on their boards: companies with five members needed to have at least one female member by the end of 2019 and at least two women by the end of 2021. Boards with six members or more would need to have at least three women.
Well, as you might have heard, a Los Angeles Superior Court judge has struck down that measure as well.
So what now? To better understand what happened with this case and what could happen going forward, we are once again joined by Jennifer Rubin, head of the ESG Practice Group for Mintz, based in the San Diego office.
If you missed our show on the previous court ruling, I encourage you to check that out via the podcatcher of your choice.