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Corporate,
9th U.S. Circuit Court of Appeals

Jun. 22, 2021

Circuit revives shareholder suit over corporate boards law

The three-judge panel, in an opinion by Judge Sandra S. Ikuta, reversed a district judge's dismissal for lack of standing.

A 9th U.S. Circuit of Appeals panel revived a shareholder's lawsuit challenging a California law mandating a minimum number of women on a public company's board of directors.

The three-judge panel, in an opinion by Judge Sandra S. Ikuta, reversed a district judge's dismissal for lack of standing.

That doesn't mean the plaintiff will...

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