Mealey's (June 24, 2021, 2:14 PM EDT) -- SAN FRANCISCO — A federal district court in California erred in dismissing a California-based company shareholder’s complaint challenging the constitutionality of a state statute that requires California-based companies to elect a certain number of female board members because the shareholder adequately alleged that he has standing under Article III of the U.S. Constitution to bring his challenge, a Ninth Circuit U.S. Court of Appeals panel ruled in reversing and remanding on June 21....