Corporate,
Civil Rights,
Civil Litigation
Oct. 20, 2020
Shareholder derivative suits focus on diversity at the top
Over the past few months, a spate of shareholder derivative actions and new California legislation have focused on diversity and inclusion at the executive and board level of public corporations.





Virginia F. Milstead
Partner
Skadden, Arps, Slate, Meagher & Flom LLP
Phone: (213) 687-5000
Email: virginia.milstead@skadden.com
Virginia has a broad commercial litigation practice, including the representation of foreign-domiciled clients, with a particular emphasis on securities and merger litigation.
Peter B. Morrison
Partner
Skadden, Arps, Slate, Meagher & Flom LLP
300 S Grand Ave
Los Angeles , CA 90071
Phone: (213) 687-5304
Email: peter.morrison@skadden.com
New York Univ SOL; New York NY

Over the past few months, a spate of shareholder derivative actions and new California legislation have focused on diversity and inclusion at the executive and board level of public corporations.
Assembly Bill 979, signed into law by Gov. Gavin Newsom on Sept. 30, requires that no later than the close of the 2021 calendar year, publicly held domestic or foreign corporations whose principal executive offices are located in California...
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