A shareholder for a company with an all-male board is suing California over a law that requires public companies to have women on their boards, arguing that it is unconstitutional and forces him to consider candidates based on sex. The plaintiff, Creighton Meland, is a retired corporate attorney in Illinois and current shareholder at OSI Systems. The Delaware-incorporated, California-based company designs and manufactures specialized electronic systems for the security and health-care industries, and it has a seven-person board of directors constituted solely of men. Meland is represented pro bono by the Pacific Legal Foundation, a California-based libertarian group that brings legal challenges against the government for actions it deems invasive or unconstitutional. California’s law mandates that by the end of 2019, public companies that have their executive base in California must have at least one woman on their boards. By 2021, those numbers must increase for companies depending on the size of their boards. The legislation was introduced in early 2018, months after the #MeToo movement sparked a national debate on the lack of equality, protections and representation for women in the workplace. It was signed by then-Gov. Jerry Brown, a Democrat, that September. California is the first U.S. state… Read full this story
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