Nasdaq's groundbreaking board diversity rules hit a major roadblock as the U.S. appeals court ruled that it could not impose ...
5dOpinion
The Fifth Circuit rejects the SEC’s approval of the stock exchange’s mandate for company directors.
Nasdaq required public companies to have at least one woman, person of color or LGBTQ member on their boards or explain why ...
A U.S. appeals court on Wednesday ruled that Nasdaq could not impose rules designed to increase diversity in corporate ...
Opponents of the proposed DEI rule said it amounted to a public shaming of companies. They also faulted the SEC's approval of ...
An appeals court in Louisiana has ruled that Nasdaq can’t require diversity on the boards of companies that list on the ...
The exchange sought to require listed companies to disclose the gender and racial makeup of their boards and set diversity ...
A federal appeals court issued a ruling that struck down Nasdaq's diversity rules for companies listed on the exchange that ...
An appeals court in Louisiana has ruled that Nasdaq can’t require diversity on the boards of companies that list on the ...
In a 51-page opinion, nine of 17 judges on the full 5th Circuit found the rule violates the Securities Exchange Act of 1934.
In a significant ruling on Dec. 11, the 5th Circuit Court of Appeals determined that the Securities and Exchange Commission ...
In an en banc decision filed on December 11, 2024, the U.S. Court of Appeals for the Fifth Circuit (Fifth Circuit) vacated the 2021 approval by ...
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