The last few years, we’ve been reporting about the numerous challenges to California’s board gender diversity statute (known as SB 826) and the board diversity statute regarding “underrepresented communities” (known as AB 979). As we blogged last year, the plaintiffs won two state court cases on state constitutional grounds – in Crest v. Padilla I and II – and the court issued injunctions so that those two statutes are not  implemented at this time. Both cases are currently on appeal.

Now we have a development for a case filed in federal court – Alliance for Fair Board Recruitment v. Weber – in which the U.S. District Court for the Eastern District of California granted the plaintiff’s motion for summary judgment recently, finding that AB 979 was unconstitutional on federal equal protection clause grounds.

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Photo of Allison Handy Allison Handy

Allison Handy is the firmwide co-chair of the Corporate & Securities practice. Her extensive experience includes advising public and private companies in connection with corporate governance practices, disclosure issues, and capital markets transactions, such as equity offerings, debt offerings and tender offers. She…

Allison Handy is the firmwide co-chair of the Corporate & Securities practice. Her extensive experience includes advising public and private companies in connection with corporate governance practices, disclosure issues, and capital markets transactions, such as equity offerings, debt offerings and tender offers. She is also a leader of the firm’s Environmental, Social, and Governance advisory team.

Allison provides counsel to companies on a broad range of issues faced by management and directors in connection with the many compliance aspects of securities laws, including governance rules adopted by the Securities and Exchange Commission (SEC) and stock exchanges. She advises boards and committees in matters related to internal investigations and the efforts of shareholder activists, and works closely with in-house counsel, financial personnel, and outside auditors and advisors to help her clients prepare proxy statements and other reports to investors that meet complex disclosure obligations.