California News

California Being Sued Over Law Requiring Corporations To Elect A Minimum Number Of Women To Their Boards Of Directors

Reason-


A new lawsuit is challenging a California law that requires corporations to elect a minimum number of women to their boards of directors.

On Wednesday, the Pacific Legal Foundation (PLF) sued California Secretary of State Alex Padilla, the state official in charge of administering SB 826. That law, passed in 2018, requires that, by 2020, all publicly traded companies headquartered or incorporated in California have at least one woman on their board of directors.

Come 2022, companies with five-member boards will need to have at least two female directors. Firms with six or more directors will need at least three women on their board.

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