Law360 (August 6, 2020, 6:59 PM EDT) — The board of directors of cybersecurity company NortonLifeLock Inc. failed to uphold its stated commitment to diversity and inclusion and breaching its fiduciary duties, a shareholder claimed in a derivative action filed in California federal court Wednesday.
EllieMaria Toronto ESA, an education savings account, claims that NortonLifeLock’s top brass made misleading public statements in financial filings and elsewhere that the company was making progress in increasing its diversity when it was in fact aware of discriminatory practices preventing minorities from taking on leadership roles or being appointed to the board.
“NortonLifeLock, led by its board, has consistently refused to appoint Black…
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!