#MeToo for the boardroom: California gender diversity law could lead to more women quotas nationally

Article here. Excerpt:

'Starting this week, California law will require the all-male boards of publicly traded companies headquartered in the state to add at least one woman. By 2021, boards with five members must have two women, while those with six members must have three. Public companies that don’t comply could face fines of $100,000 for a first violation and $300,000 for a subsequent violation.
...
In August, watchdog group Judicial Watch sued on behalf of three California taxpayers, who say that spending taxpayer money to enforce the law violates the state constitution. “California’s gender quota law is brazenly unconstitutional," Judicial Watch's president Tom Fitton said at the time.

A second lawsuit was filed by libertarian nonprofit law firm Pacific Legal Foundation, which contends the California law violates the equal protection clause of the U.S. Constitution.'

Like0 Dislike0