News & Analysis as of

Equal Employment Opportunity Commission (EEOC) Board of Directors

Cadwalader, Wickersham & Taft LLP

Nasdaq Board Diversity Rules Overturned by US Court of Appeals

On December 11, 2024, in Alliance for Fair Board Recruitment v. SEC, the US Court of Appeals for the Fifth Circuit ruled in a 9-8 vote that the Securities and Exchange Commission’s (SEC) adoption of the Nasdaq board diversity...more

Fenwick & West LLP

The Future of DEI Shareholder Proposals

Fenwick & West LLP on

Following the death of George Floyd and the Black Lives Matter protests against racial inequity in 2020, many companies increased their commitments to diversity, equity and inclusion (DEI), as well as their external...more

Fenwick & West LLP

What’s Next for Diversity Shareholder Proposals? A Look at Recent Trends

Fenwick & West LLP on

Following the death of George Floyd and mass protests against racial inequity in 2020 culminating years of slowly building stakeholder pressure on various aspects of diversity, many companies expressed their commitment to...more

Skadden, Arps, Slate, Meagher & Flom LLP

Potential Private Sector Implications of the Supreme Court's Affirmative Action Ruling

The U.S. Supreme Court’s landmark decision in the cases Students for Fair Admissions, Inc. v. President and Fellows of Harvard College and Students for Fair Admissions, Inc. v. University of North Carolina upended prior...more

Fox Rothschild LLP

Court of Chancery Dismisses Claims Against McDonald’s Corp. Directors

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The Court of Chancery recently dismissed claims for breach of fiduciary duty, breach of the duty of oversight, and waste against the board of directors of McDonald’s Corporation. In In re McDonald’s Corp. Stockholder...more

Goodwin

McDonald’s Part Two: Delaware Court of Chancery Dismisses Caremark Claims Against Directors Arising From Sexual Harassment Issues

Goodwin on

On March 1, 2023, in In re McDonald’s Corporation Stockholder Derivative Litigation, Vice Chancellor Travis Laster of Delaware’s Court of Chancery granted a motion to dismiss derivative claims against McDonald’s directors...more

Fox Rothschild LLP

The Supreme Court’s Dobbs Ruling Creates a Variety of Significant Legal Issues

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The Supreme Court of the United States held in Dobbs v. Jackson Women’s Health Organization, that the Constitution does not confer a right to abortion, overruling long-standing precedent in Roe v. Wade and Planned Parenthood...more

Skadden, Arps, Slate, Meagher & Flom LLP

Four Questions on Directors’ Minds as the World Returns to Work

The extent to which employers can require vaccinations and testing will shape the reopening process. Employers also worry about potential COVID-related liabilities....more

Davis Wright Tremaine LLP

California Employers - Prepare for New (Non-COVID-19) 2021 Laws

By any measure, 2020 presented novel, life-changing experiences for all of us. The resilience and focus required to endure the seemingly relentless wave of changes have helped to hone the skills of most workplaces and allowed...more

Parker Poe Adams & Bernstein LLP

U.S. Labor Department Questions Microsoft's Minority Hiring Pledge

Over the course of 2020, numerous large, publicly traded corporations have come under scrutiny and criticism for their lack of diversity among senior management. As a result, some of these companies have announced their...more

K&L Gates LLP

Working Wise - Volume 7

K&L Gates LLP on

1. GENDER PARITY LAWS FOR CORPORATE BOARDS: THE START OF A TREND? Improving the representation of women on corporate boards has been top of mind for state legislators in recent years, with one state mandating a specific...more

BCLP

Securities and Corporate Governance Update – March 2019

BCLP on

SEC Penalizes Company for Non-Compliance with Equal or Greater Prominence Requirement in Earnings Releases - In late December, the SEC settled its first “equal or greater prominence” enforcement action under its non-GAAP...more

BCLP

Caught Between a Rock and a Hard Place: #MeToo Movement Creates Challenges for Directors

BCLP on

The #MeToo movement continues to make headlines across the globe, toppling more than 200 powerful U.S. company leaders in entertainment, media, sports and a variety of other industries. According to EEOC reports, sexual...more

Dorsey & Whitney LLP

SEC Diversity Assessment Reports on Policies and Practices for Investment Advisers, Private Fund Advisers, Broker-Dealers and...

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Recently, the Securities and Exchange Commission’s Office of Minority and Women Inclusion (“OMWI”) released its Diversity Assessment Report for regulated entities, including investment advisers, private fund advisers and...more

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