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5th Circ. Urged To Reject Challenge To Board Diversity Rule

By Jessica Corso (May 7, 2024, 10:39 PM EDT) -- The NAACP Legal Defense and Educational Fund urged the Fifth Circuit not to upend a Nasdaq Stock Market rule meant to encourage corporate board diversity, saying in a brief Monday that the rule's opponents have staked out a "radical" position on the equal protection clause of the U.S. Constitution that threatens to "entrench ... barriers to opportunity."...

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