Special Report: Entertainment - A Hollywood Education - Los Angeles Business Journal labusinessjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from labusinessjournal.com Daily Mail and Mail on Sunday newspapers.
A judge in the Northern District of California dismissed allegations that Cisco Systems Inc. falsely and improperly represented itself as an industry leader in diversity.
Another diversity-based derivative suit was dismissed this week by a federal district court, joining a list of decisions that have rejected similar shareholder allegations.
Despite the growing business case for diversity and pressure from institutional investors and others, companies are still struggling to make meaningful advancements on diversity.