Jennifer Windom

Kramer Levin Naftalis & Frankel LLP

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Diversity in the Boardroom: Nasdaq’s Diversity Disclosure Rules Struck Down by En Banc Fifth Circuit Court of Appeals

In what will likely mark the final outcome, the U.S. Court of Appeals for the Fifth Circuit, sitting en banc, struck down the Nasdaq Stock Market’s diversity-disclosure framework on Dec. 11, 2024. The Nasdaq rules issue —...more

1/6/2025 / Board of Directors , Corporate Governance , Disclosure Requirements , Diversity , Glass Lewis , Institutional Shareholder Services (ISS) , LGBTQ , Nasdaq , Publicly-Traded Companies , Securities and Exchange Commission (SEC)

Diversity in the Boardroom: Full Fifth Circuit Plans to Rehear Challenge to the SEC Approval of Nasdaq Board Diversity Rules

The Fifth Circuit has vacated the opinion we discussed in our Oct. 30, 2023, client alert Diversity in the Boardroom: Fifth Circuit Rejects Challenge to the SEC Nasdaq Board Diversity Rules; En Banc Petition Quickly Filed and...more

2/23/2024 / Board of Directors , Corporate Governance , Diversity , Nasdaq , Securities and Exchange Commission (SEC) , Securities Exchange Act

Diversity in the Boardroom: Fifth Circuit Rejects Challenge to the SEC Nasdaq Board Diversity Rules; En Banc Petition Quickly...

The U.S. Court of Appeals for the Fifth Circuit (Court) recently rejected challenges to Nasdaq’s “Board Diversity” framework. Those rules require Nasdaq-listed companies to report that they have, or explain why they do not...more

10/30/2023 / Board of Directors , Corporate Governance , Diversity , Nasdaq , Securities and Exchange Commission (SEC)

Diversity in the Boardroom: A Periodic Litigation and Governance Update

Efforts to increase diversity at the top of public companies remain at the forefront of corporate consciousness and governance. As we have previously reported , stakeholder interest in diversified leadership has led to a...more

10/7/2022 / Board of Directors , Corporate Governance , Disclosure Requirements , Diversity , Diversity and Inclusion Standards (D&I) , Environmental Social & Governance (ESG) , Nasdaq , Publicly-Traded Companies , Securities and Exchange Commission (SEC)

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