In a 51-page opinion, nine of 17 judges on the full 5th Circuit found the rule violates the Securities Exchange Act of 1934.

The Fifth Circuit rejects the SEC’s approval of the stock exchange’s mandate for company directors.

A U.S. appeals court on Wednesday ruled that Nasdaq could not impose rules designed to increase diversity in corporate ...

A federal appeals court issued a ruling that struck down Nasdaq's diversity rules for companies listed on the exchange that ...

An appeals court in Louisiana has ruled that Nasdaq can't require diversity on the boards of companies that list on the ...

The exchange sought to require listed companies to disclose the gender and racial makeup of their boards and set diversity ...

Nasdaq required public companies to have at least one woman, person of color or LGBTQ member on their boards or explain why ...

A federal appeals court struck down Nasdaq rules designed to encourage more diverse company boards, the latest defeat for ...

In a 9-8 decision, the 5th U.S. Circuit Court of Appeals in New Orleans on Dec. 11, ruled that the SEC exceeded its authority ...

The boardrooms of most major companies are no longer completely male-dominated — globally nearly all large public firms now ...

Nasdaq's new board diversity listing rule provides a standardized disclosure framework to enhance transparency on board diversity and provides a recommended board diversity objective that ...