Ection 301 4 News Today

Judgment in favor of the plaintiff in Crest v. Padilla, statute requiring publicly traded companies headquartered in California to include members from underrepresented communities on boards of directors, they found that statute violated the equal protection clause

Crest v. Padilla, Superior Court of California for Los Angeles declared that Section 301.4 of the California Corporations Code is unconstitutional under the California state Constitution. This decision renders the constitutionality of Section 301.4 ripe for appellate review.