NAACP Legal Defense Fund Responds to Fifth Circuit Decision to Strike Down Nasdaq's Board Diversity Rule
December 14, 2024
December 14, 2024
NEW YORK, Dec. 14 -- The NAACP Legal Defense and Educational Fund issued the following news on Dec. 13, 2024:
Yesterday, the U.S. Court of Appeals for the Fifth Circuit released a sharply-divided decision stating that Nasdaq could not enforce a rule meant to increase transparency concerning the representation of people of color, women, and LGBTQ+ individuals on boards of directors overseeing companies listed on the stock exchange.
In response to the Court's decision in . . .
Yesterday, the U.S. Court of Appeals for the Fifth Circuit released a sharply-divided decision stating that Nasdaq could not enforce a rule meant to increase transparency concerning the representation of people of color, women, and LGBTQ+ individuals on boards of directors overseeing companies listed on the stock exchange.
In response to the Court's decision in . . .