Corporate,
Civil Litigation
Dec. 13, 2021
Diversity’s impact on company performance debated in board quota trial
The second week of trial wrapped up in case where plaintiffs are three taxpayers, who contend Senate Bill 826 is illegal because it discriminates on the basis of a suspect classification such as sex.
LOS ANGELES -- The judge conducting a bench trial challenging California's quotas for women on corporate boards asked a former state insurance commissioner Friday why more companies didn't diversify even though studies showed financial improvements in company performance when there was a diverse boardroom.
Dave Jones, who was California's insurance commissioner from 2011 to 2019, discussed on the witness stand his launch of an initiative ...
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