There May Be More ‘Teeth’ Coming to Board Diversity Efforts. What Does that Mean for Retail?
Nov 18, 2021

CDF Partner, Dan M. Forman, was recently quoted in the Retail Dive article on "There may be more 'teeth' coming to board diversity efforts. What does that mean for retail?" on November 18, 2021.

Excerpt:  "While certainly more forceful than Nasdaq's disclosure ruling, the California Secretary of State's Office told Retail Dive it has not "announced or imposed fines for failure to comply" yet. According to CDF Labor Law's Los Angeles Office Managing Partner, Dan Forman, that's likely because the state needs to create and publish regulations around the enforcement process before implementing the fines. Both laws are also under attack in the court system, which could invalidate them and therefore negate the need for enforcement, Forman said via email."

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