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IPDN on Nasdaq

Professional Diversity Network, Inc.

In its 2026 annual report the company says: “The Company is a dynamic operator of professional networks with a focus on talent acquisition and professional development. Our networks provide access to a robust audience across multiple demographics. We serve a variety of such communities, including Women, Hispanic Americans, African Americans, Asian Americans, persons with disabilities, Military Professionals, and Lesbian, Gay, Bisexual, Transgender and Queer (LGBTQ+).”5 It is headquartered in Chicago, United States.2 Its shares trade on Nasdaq under the symbol IPDN.2

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Last updated Oct 21, 2026.

Overview

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  • TickerIPDN on Nasdaq2
  • IndustryServices-Computer Programming, Data Processing, Etc.2
  • HeadquartersChicago, United States2
  • Incorporated inDE3
  • Business address55 East Monroe Street, Suite 2120, Chicago, Il 606033
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI549300NUI0D0LPHBZ3552
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O Corporation Service Company, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 51029682

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The Company is a dynamic operator of professional networks with a focus on talent acquisition and professional development. Our networks provide access to a robust audience across multiple demographics. We serve a variety of such communities, including Women, Hispanic Americans, African Americans, Asian Americans, persons with disabilities, Military Professionals, and Lesbian, Gay, Bisexual, Transgender and Queer (LGBTQ+). Our goal is (i) to assist our registered users and members in their efforts to connect with like-minded individuals and identify career opportunities within the network and (ii) connect members with prospective employers while helping the employers address their workforce needs. We believe that the combination of our solutions allows us to approach recruiting and professional networking uniquely and thus create enhanced value for our members and clients.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-98.6%Operating margin6
-98.5%Net margin6
-2.7%Revenue growth, 20256
-54.9%Return on equity6
-$2.1MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Recruitment Services brought in 53% of the revenue Professional Diversity Network, Inc. broke down this way in fiscal 2025.

  1. Recruitment Services$3.5M653%down 22% from 2024
  2. Contracted Software Development$2.7M642%up 49% from 2024
  3. Membership Fees and Related Services$342.4K65%down 20% from 2024
  4. Consumer Advertising and Marketing Solutions$21.2K60%down 44% from 2024
Products and services by year
Products and services20242025
Recruitment Services$4.4M$3.5M
Contracted Software Development$1.8M$2.7M
Membership Fees and Related Services$428.6K$342.4K
Consumer Advertising and Marketing Solutions$37.7K$21.2K

Business segments

TalentAlly Network brought in 53% of the revenue Professional Diversity Network, Inc. broke down this way in fiscal 2025.

  1. TalentAlly Network$3.5M653%down 22% from 2024
  2. Remote More$2.7M642%up 49% from 2024
  3. National Association of Professional Women$342.4K65%down 20% from 2024
Business segments by year
Business segments20242025
TalentAlly Network$4.5M$3.5M
Remote More$1.8M$2.7M
National Association of Professional Women$428.6K$342.4K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue57¢$3.7M
  • Other costs43¢$2.8M

Out of $6.5M in revenue.6 The company lost money this year.

Financial statements

Revenue78910116$6.5M in 2025+30% since 2019
0$2.5M$5.0M$7.5M$10.0M2019: $5.0M$5.0M20192020: $4.5M$4.5M2020−11%2021: $6.1M$6.1M2021+37%2022: $8.3M$8.3M2022+36%2023: $7.7M$7.7M2023−7%2024: $6.7M$6.7M2024−13%2025: $6.5M$6.5M2025−3%
Operating income78910116-$6.5M in 2025+115% since 2019
-$8.0M-$6.0M-$4.0M-$2.0M02019: -$3.0M-$3.0M20192020: -$4.8M-$4.8M2020+62%2021: -$2.9M-$2.9M2021−40%2022: -$3.1M-$3.1M2022+7%2023: -$4.5M-$4.5M2023+46%2024: -$2.4M-$2.4M2024−47%2025: -$6.5M-$6.5M2025+168%
Net income78910116-$6.5M in 2025+68% since 2019
-$8.0M-$6.0M-$4.0M-$2.0M02019: -$3.8M-$3.8M20192020: -$4.4M-$4.4M2020+13%2021: -$2.8M-$2.8M2021−37%2022: -$2.6M-$2.6M2022−6%2023: -$4.3M-$4.3M2023+66%2024: -$2.5M-$2.5M2024−42%2025: -$6.5M-$6.5M2025+157%

Every line of the income statement as filed: the last 2 fiscal years, latest first.6

Period ending2025-12-312024-12-31
Revenue$6.5M$6.7M
Cost of revenues$3.7M$2.6M
Sales and marketing$1.9M$2.8M
General and administrative$7.2M$3.5M
Depreciation and amortization$157.9K$203.8K
Total costs and expenses$13.0M$9.1M
Loss from continuing operations-$6.5M-$2.4M
Interest and other income (expense), net-$58.8K-$184.2K
Other income (expense), net-$58.8K-$184.2K
Loss before income tax benefit-$6.5M-$2.6M
Income tax benefit (expense)$0-$6.3K
Loss from continuing operations, net of tax-$6.5M-$2.6M
Loss from discontinued operations$0$0
Net loss including non-controlling interests-$6.5M-$2.6M
Net loss attributable to non-controlling interests$60.4K$83.7K
Net loss attributable to Professional Diversity Network, Inc.-$6.5M-$2.5M
Foreign currency translation adjustment$0$0
Comprehensive loss-$6.5M-$2.5M
Continuing operations (in dollars per share)-$2-$2
Net loss per share (in dollars per share)-$2.11-$2.07
Basic and diluted (in shares)3.1M shares1.3M shares

Compare Professional Diversity Network, Inc. with another company

Corporate structure

Professional Diversity Network, Inc. sits at the top of its group. 4 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Professional Diversity Network, Inc.

  • Streeterville Capital LLC Filed SCHEDULE 13G/A on Professional Diversity Network, Inc., latest Oct 13, 2026 (2 filings since Sep 12, 2025)
  • ARMISTICE CAPITAL, LLC Filed SCHEDULE 13G/A on Professional Diversity Network, Inc., latest May 15, 2025 (2 filings since Feb 14, 2025)
  • AUROUS VERTEX LTD Filed SCHEDULE 13D/A on Professional Diversity Network, Inc., latest Apr 8, 2025 (2 filings since Jan 31, 2025)
  • Koala Malta Ltd Filed SCHEDULE 13D/A on Professional Diversity Network, Inc., latest Jan 6, 2025 (2 filings since Nov 23, 2022)
  • Xin He Filed SC 13D on Professional Diversity Network, Inc., latest Jul 17, 2024
  • 3i, LP Filed SC 13G/A on Professional Diversity Network, Inc., latest Feb 12, 2024 (2 filings since Jun 30, 2023)
  • Cosmic Forward Ltd Filed SC 13D/A on Professional Diversity Network, Inc., latest Dec 18, 2023 (2 filings since Nov 12, 2021)
  • Hongjun Chen Filed SC 13D on Professional Diversity Network, Inc., latest Jan 17, 2023
  • Professional Diversity Network, Inc. Chicago, Illinois, United States
    • NAPW, Inc. Subsidiary · Delaware, United States
    • RemoteMore USA, Inc. Subsidiary · Delaware, United States
    • TalentAlly, LLC Subsidiary · Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Professional Diversity Network, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Accumulated depreciation$53.3K6 Dec 31, 2025$36.7K6 Dec 31, 2024+45.0%
Property and equipment, net$36.4K6 Dec 31, 2025$49.0K6 Dec 31, 2024−25.6%
Operating-lease assets (leased space)$149.5K6 Dec 31, 2025$226.7K6 Dec 31, 2024−34.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$217.0K6 Dec 31, 2025$1.7M6 Dec 31, 2024−87.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.4M6 Dec 31, 2025$1.4M6 Dec 31, 20240%
Intangible assets, net (excluding goodwill)$9.6M6 Dec 31, 2025$134.7K6 Dec 31, 2024+7046.7%
Indefinite-lived intangibles (excluding goodwill)$9.6M6 Dec 31, 2025$134.7K6 Dec 31, 2024+7046.7%
Finite-lived intangibles, gross$20.5M6 Dec 31, 2025$13.6M6 Dec 31, 2024+51.0%
Accumulated amortization$13.6M6 Dec 31, 2025$13.6M6 Dec 31, 2024+0.2%
Finite-lived intangibles, net$6.9M6 Dec 31, 2025$33.3K6 Dec 31, 2024+20701.7%

Properties, in its own words

We lease approximately 4,900 square feet of space for our headquarters in Chicago, Illinois under a lease that expires on September 30, 2027.

We believe that our current facilities are adequate to meet our current needs. We may expand our facilities or add new facilities as we add employees and enter new geographic markets, and we believe that suitable additional or alternative space will be available as needed to accommodate ongoing operations and any such growth. However, we expect to incur additional expenses in connection with such new or expanded facilities.

Item 2 of the 10-K filed Mar 31, 2026.5

Leadership

Who has led Professional Diversity Network, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. James R. Kirsch2013–2015
  2. Rudy Martinez2013
  3. Katherine A. Butkevich2016
  4. Maoji Wang2017–2018

Chair

  1. James R. Kirsch2016–2018
  2. Jingbo Song2017–2018

President

  1. Star Jones2014–2015

Chief financial officer

  1. Myrna Newman2013
  2. David Mecklenburger2013–2015
  3. Jiangping Xiao2017–2018
  4. Charles Martin Obrien2020
  5. Larry S. Aichler2021–2023

Chief operating officer

  1. Matthew B. Proman2014
201520202025
Board members and other officers (30)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerXun Wu named Sep 17, 2025 to Jan 5, 202655
  • Executive Officer, DirectorYiran Gu named Sep 17, 2025 to Jan 5, 202655
  • DirectorHaixia Lu named Sep 17, 2025 to Jan 5, 202655
  • DirectorShaikh Ali Sultan Al Nuaimi named Dec 8, 2025 to Jan 5, 202655
  • DirectorSze Lok Patrick Wong named Dec 8, 2025 to Jan 5, 202655
  • DirectorTai Song named Sep 17, 2025 to Jan 5, 202655
  • DirectorWai Kee Cheung named Sep 17, 2025 to Jan 5, 202655
  • DirectorZhang Hao named Sep 17, 2025 to Jan 5, 202655
  • DirectorEloisa Sultan named Sep 17, 202556
  • DirectorLong Yi named Sep 17, 202556

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • NAPW, Inc. Delaware4
  • RemoteMore USA, Inc. Delaware4
  • TalentAlly, LLC Delaware4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Professional Diversity Network, LLCMay 23, 2012 to Mar 5, 20133

Timeline

  1. Oct 6, 20268-K Entered a material agreement; Regulation FD disclosure57
  2. Oct 2, 20268-K Executive or director change58
  3. Sep 30, 20268-K Other events59
  4. Sep 11, 20268-K Change to shareholders' rights; Bylaws or fiscal year changed; Other events60
  5. Aug 14, 20268-K Results of operations; Regulation FD disclosure61
  6. Aug 13, 20268-K Entered a material agreement; Other events62
  7. Jul 24, 20268-K Change to shareholders' rights; Bylaws or fiscal year changed63
  8. Jul 14, 20268-K Shareholder vote64
  9. Jul 6, 20268-K Entered a material agreement; Unregistered sale of shares65
  10. Jun 23, 20268-K Shareholder vote66
  11. Jun 11, 20268-K Bylaws or fiscal year changed67
  12. Jun 9, 20268-K Listing notice or transfer68
  13. Apr 14, 2017New chief executive Maoji Wang becomes CEO15
  14. May 16, 2016New chief executive Katherine A. Butkevich becomes CEO16
  15. Sep 12, 2013New chief executive Rudy Martinez becomes CEO18
  16. Mar 5, 2013New chief executive James R. Kirsch becomes CEO17

Calendar

Coming up

  1. Nov 13, 2026Reports results for the quarter ending Sep/202669

When it reported results

  1. Aug 14, 2026Reported quarterly or annual results61
  2. May 15, 2026Reported quarterly or annual results70
  3. Mar 31, 2026Reported quarterly or annual results71
  4. Nov 14, 2025Reported quarterly or annual results72
  5. Aug 14, 2025Reported quarterly or annual results73
  6. May 14, 2025Reported quarterly or annual results74
  7. Mar 31, 2025Reported quarterly or annual results75
  8. Jan 2, 2025Reported quarterly or annual results76

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

227 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 97 major events, 36 insider forms, 14 large holders, 6 private raises, 54 other. The latest 20:

  1. Oct 13, 2026SCHEDULE 13G/A EDGAR
  2. Oct 6, 20268-K EDGAR
  3. Oct 2, 20268-K EDGAR
  4. Sep 30, 20268-K EDGAR
  5. Sep 11, 20268-K EDGAR
  6. Aug 14, 20268-K EDGAR
  7. Aug 14, 202610-Q EDGAR
  8. Aug 13, 20268-K EDGAR
  9. Aug 13, 2026424B4 EDGAR
  10. Aug 12, 2026EFFECT EDGAR
  11. Jul 28, 2026S-1/A EDGAR
  12. Jul 24, 20268-K EDGAR
  13. Jul 14, 20268-K EDGAR
  14. Jul 7, 2026S-1/A EDGAR
  15. Jul 6, 20268-K EDGAR
  16. Jun 26, 2026S-1 EDGAR
  17. Jun 23, 20268-K EDGAR
  18. Jun 22, 2026DEF 14A EDGAR
  19. Jun 11, 2026PRE 14A EDGAR
  20. Jun 11, 20268-K EDGAR

The 227 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

12 open-market trades by officers, directors and large owners since October 2021: 0 buys and 12 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 7, 2023Chou Yu-JinSecretarySale1,834$4.30$7.9KForm 4
Jun 6, 2023Chou Yu-JinSecretarySale1,500$3.50$5.2KForm 4
Jun 2, 2023Chou Yu-JinSecretarySale1,500$3.00$4.5KForm 4
May 31, 2023Chou Yu-JinSecretarySale2,000$3.80$7.6KForm 4
May 30, 2023Chou Yu-JinSecretarySale857$4.00$3.4KForm 4
May 25, 2023Chou Yu-JinSecretarySale2,848$4.51$12.8KForm 4
May 22, 2023Chou Yu-JinSecretarySale1,415$4.50$6.4KForm 4
May 19, 2023Chou Yu-JinSecretarySale1,502$4.57$6.9KForm 4
May 18, 2023Chou Yu-JinSecretarySale44$4.51$198Form 4
Dec 9, 2022AICHLER LARRY SChief Financial OfficerSale15,000$0.62$9.3KForm 4
Dec 8, 2022AICHLER LARRY SChief Financial OfficerSale15,000$0.71$10.7KForm 4
Dec 6, 2022AICHLER LARRY SChief Financial OfficerSale10,000$0.73$7.3KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Dec 30, 2025Raised $2.6 million in a private offering of equity Form D: 1 investor so far Form D
  2. Nov 27, 2025Raised $1.6 million in a private offering of equity Form D: 1 investor so far Form D
  3. Nov 24, 2025Raised $1.6 million in a private offering of equity Form D: 1 investor so far Form D
  4. Sep 12, 2025Filed a private offering of equity Form D: 1 investor so far Form D
  5. Sep 12, 2025Raised $1.8 million in a private offering of equity Form D: 1 investor so far Form D
  6. Sep 5, 2025Raised $3.7 million in a private offering of equity Form D: $20 million offered in all Form D

SEC filer profile

How Professional Diversity Network, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARProfessional Diversity Network, Inc.1
  • CIK0001546296
  • Employer ID (EIN)80-09001775
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
  • Incorporated inDelaware5
  • Fiscal year endsDecember 311
  • Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address55 East Monroe Street, Suite 2120, Chicago, IL 606031
  • Phone312-614-09501
  • Shares outstanding14,450,323 as of Aug 14, 202614
  • Public float$5.3M as of Jun 30, 20255
  • AuditorSR CPA & Co., Hong Kong PCAOB ID 7249; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceMay 15, 20121
  • Filings692 in all: 8-K (224), 4 (130), 3 (50), 10-Q (41), CORRESP (25), UPLOAD (22), S-1/A (16), SC 13D/A (16)1
    All 56 form types

    10-K (14), DEF 14A (14), D (10), EFFECT (10), SC 13D (10), 424B5 (7), DEFA14A (7), S-3 (6), SC 13G/A (6), 8-K/A (4), DEF 14C (4), NT 10-Q (4), S-1 (4), S-3/A (4), S-8 (4), SC 13G (4), 144 (3), 4/A (3), 424B3 (3), ARS (3), FWP (3), PRE 14A (3), PRE 14C (3), SC TO-I/A (3), 10-K/A (2), 3/A (2), 424B4 (2), NT 10-K (2), SC TO-C (2), SCHEDULE 13D/A (2), SCHEDULE 13G (2), SCHEDULE 13G/A (2), 10-Q/A (1), 424B2 (1), 8-A12B (1), CERTNAS (1), CT ORDER (1), DEFM14C (1), DRS (1), NT 10-K/A (1), POS AM (1), PREM14C (1), PRER14A (1), RW (1), S-1MEF (1), SC 14F1 (1), SC TO-I (1), SCHEDULE 13D (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Proxy statement (DEF 14A) Jun 22, 2026
    Latest 8-K (8-K) Oct 6, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.01 par value per shareNasdaq

From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks Professional Diversity Network, Inc. names in Item 1A of its 10-K filed Mar 31, 2026: 35 risks under these headings, as written.5

  • Risks Related to Our Business and Financial Condition
  • We have incurred net losses, our liquidity has been significantly reduced and we could continue to incur losses and negative cash flow in the future.
  • The market for online professional networks is highly competitive, and if we are unable to compete effectively our sales and results of operations will suffer.
  • Our recent expansion into digital assets and intellectual property investments represents a shift from our historical business and may not be successful.
  • Investment in musical works copyrights may not generate expected returns and could result in impairment charges.
  • Our investment in DTT Tokens is speculative and may result in material losses and stockholder dilution.
  • Our business depends on strong brands, and any failure to maintain, protect and enhance our brands would hurt our ability to retain or expand our base of members, enterprises and professional organizations, or our ability to increase their level of engagement.
  • If we do not continue to attract new members to the NAPW Network, or if existing NAPW Network members do not renew their subscriptions, renew at lower levels or on less favorable terms, or fail to purchase additional offerings, we may not achieve our revenue projections, and our operating results would be harmed.
  • We may not be able to successfully identify and complete sufficient acquisitions to meet our growth strategy, and even if we are able to do so, we may not realize the anticipated benefits of these acquisitions.
  • We rely heavily on our information systems and if our access to this technology is impaired, or we fail to further develop our technology, our business could be significantly harmed.
  • Our direct sales strategy, which requires personal interaction with employers and third-party recruiters, may limit our ability to grow recruitment revenue and recruitment advertising revenue.
  • We may not timely and effectively scale and adapt our existing technology and network infrastructure to ensure that our websites are accessible within an acceptable load time.
The other 24 risks
  • Our business involves higher risks associated with remote work.
  • Our systems are vulnerable to natural disasters, acts of terrorism and cyber-attacks.
  • If our security measures are compromised, or if any of our websites are subject to attacks that degrade or deny the ability of members or customers to access our solutions, members and customers may curtail or stop use of our solutions.
  • The widespread adoption of different smart phones, smart phone operating systems and mobile applications, or apps, could require us to make substantial expenditures to modify or adapt our websites, applications and services.
  • If Internet search engines’ methodologies are modified or our search result page rankings decline for other reasons, our member engagement and number of members and users could decline.
  • Wireless communications providers may give their customers greater access to our competitors’ websites.
  • The effect of significant declines in our ability to generate revenue may not be reflected in our short-term results of operations.
  • The existing global economic and financial market environment has had, and may continue to have, a negative effect on our business and operations.
  • Our growth strategy may fail as a result of changing social trends.
  • The regulatory environment favorable to promoting diversity in the workplace has changed.
  • If our member profiles are out-of-date, inaccurate or lack the information that users and customers want to see, we may not be able to realize the full potential of our networks, which could adversely impact our future growth.
  • Failure to protect or enforce our intellectual property rights could materially harm our business and operating results.
  • We process, store and use personal information and other data, which subjects us to governmental regulation, enforcement actions and other legal obligations or liability related to data privacy and security, and our actual or perceived failure to comply with such obligations could materially and adversely affect our business.
  • Public scrutiny of Internet privacy issues may result in increased regulation and different industry standards, which could deter or prevent us from providing our current products and solutions to our members and customers, thereby materially harming our business.
  • We are currently party to litigation and may in the future be subject to additional legal proceedings and litigation, which may be costly to defend and could materially and adversely affect our business results or operating and financial condition.
  • Our success depends in large part upon our management and key personnel. Our inability to attract and retain these individuals could materially and adversely affect our business, results of operations and financial condition.
  • We use artificial intelligence (“AI”) technologies in our platform and the use of AI technologies presents unique risks and uncertainties to our business, results of operations and financial condition.
  • Risks Related to Our Common Stock
  • Our significant stockholders have substantial control over the Company and could limit your ability to influence the outcome of key transactions, including changes of control.
  • The market price for our securities may be subject to wide fluctuations and the value of an investment in our Common Stock may decline.
  • Substantial future sales of shares of our Common Stock could cause the market price of our Common Stock to decline.
  • Anti-takeover provisions in our charter documents and under Delaware law could make an acquisition of our Company more difficult, limit attempts by our stockholders to replace or remove our current management and limit the market price of our Common Stock.
  • We do not intend to pay dividends in the foreseeable future.
  • CFL holds participation rights and other rights that could affect our ability to raise funds.
  • Techniques employed by short sellers may drive down the market price of the Company’s Common Stock.

Legal proceedings

We, and our wholly owned subsidiary, NAPW, Inc., are parties to a proceeding captioned Deborah Bayne, et al. vs. NAPW, Inc. and Professional Diversity Network, Inc., No. 18-cv-3591 (E.D.N.Y.), filed on June 20, 2018, and alleging violations of the Fair Labor Standards Act and certain provisions of the New York Labor Law. The class is defined as “all individuals employed in New York from June 20, 2012, through October 15, 2021, by NAPW and PDN to sell memberships to the women’s networking organization known as the National Association of Professional Women and the International Association of Women,” excluding corporate officers, shareholders, directors, and administrative employees. As it stands, the class currently consists of 164 putative class members and 60 opt-in plaintiffs.

The opening of Item 3, Legal Proceedings.5

Sources

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