A federal appeals court on Wednesday ruled that Nasdaq ... rules were challenged by the National Center for Public Policy Research, a conservative think tank, and Alliance for Fair Board ...

One of the groups that sued the SEC over Nasdaq’s board-diversity rules, the Alliance for Fair Board Recruitment, was founded by Edward Blum, an activist who has waged a number of court fights ...

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.

On December 11, 2024, the U.S. Court of Appeals for the Fifth Circuit, in a 9-8 en banc decision, vacated the approval of Nasdaq's board diversity rules by the Securities and Exchange Commission ...

In a 9-8 en banc decision, the U.S. Court of Appeals for the Fifth Circuit overturned a three-judge panel decision and invalidated the Nasdaq Board Diversity ... change their rules without SEC ...

Consider the curious case of the bone-headed “Nasdaq diversity rules” — edicts by the stock market giant to force every company that “lists” there to choose a board of directors that ...

order approving The Nasdaq Stock Market LLC’s (Nasdaq) board diversity rules, holding that the rules did not relate to the purpose of the Securities Exchange Act of 1934 (Exchange Act ...