VIRTUAL: Trends in Derivative Lawsuits for Diversity Inaction

Invitation Only (FOR NOM/GOV COMMITTEE MEMBERS ONLY)

The likelihood of a board member experiencing a derivative lawsuit during their board tenure is rising daily.  The latest trend in derivative lawsuits is for Diversity Inaction. Big companies like Cisco Systems, Oracle, Facebook, Qualcomm and The Gap have been hit with derivative lawsuits alleging that despite public statements emphasizing the importance of diversity within their respective organizations, the boards and executive management teams of these companies remain largely white and male, and have failed to deliver on their commitments to diversity. Combined with COVID, MeToo and other events the D&O Liability insurance marketplace has become very challenging.

The New Jersey Chapter of NACD would like to extend an exclusive opportunity for you and/or your Nominating/Governance Committee members to join in a candid roundtable conversation with Jennifer Rubin of Mintz Levin, Kelly Thoerig and Sarah Downey both of Marsh. This roundtable discussion will help board members understand their board's liability in this rising trend of event-driven derivative lawsuits, especially in light of events related to Diversity Inaction and the impact on D&O liability insurance.

Attendees are encouraged to raise issues from their own experiences and Chatham House Rules will be followed. 

Space is limited to 20 participants to ensure a candid and informal conversation.  This is a complimentary event.

To register, please email [email protected] or call (732) 698-7771