Nasdaq Diversity Rules to Get Second Look by Fifth Circuit (1)

Nasdaq rules aimed at putting more women and minorities on corporate boards will face Fifth Circuit scrutiny again as the full court reviews a three-judge panel’s decision to toss a conservative case contesting the regulations.

The full US Court of Appeals for the Fifth Circuit will look at the October decision from judges Carl Stewart, James Dennis and Stephen Higginson, according to an order issued late Monday. The court did not explain its reasoning. The Alliance for Fair Board Recruitment and National Center for Public Policy Research sought a rehearing following the panel’s ruling that the Securities and Exchange ...