Government,
Corporate,
Civil Rights
Jul. 20, 2020
As pressure mounts to diversify boards, state legislation falters
Technology giant Facebook Inc. and Oracle Corp. were hit with suits filed by shareholders on the same day in the U.S. Northern District of California by the same firm, Bottini & Bottini Inc. in La Jolla.
A bill seeking to require companies to include non-white people on their boards of directors faces an uncertain future with the Legislature out due to the coronavirus pandemic. But a pair of California-based technology giants are getting pressure to diversify their boards on another front: shareholder lawsuits.
Earlier this month, technology giant Facebook Inc. and Oracle Corp. were hit with suits filed by shareholders on the sam...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In