; (III) to promote a covered divisive concept; or (IV) for which the reasoning publicly presented by any covered corporate actor with respect to the applicable issuer as— (aa) any basis for such action promotes a covered divisive concept; or (bb) the primary basis for such action is facially unrelated to the pecuniary interest of the applicable issuer, which shall presumptively include any reference to diversity, equity, or inclusion with respect to the composition of the workforce, management, or board of directors of the issuer or society in general; and (ii) is brought by a covered shareholder as— (I) a direct action; or (II) a derivative action or proceeding brought on behalf of the applicable issuer; and (B) does not include a cause of action that asserts a claim for the breach of fiduciary duty owed by any corporate defendant to the applicable issuer (or the shareholders of that issuer) resulting from— (i) a charitable contribution by any covered corporate actor with respect to the applicable issuer; (ii) the exercise of religion by any covered corporate actor with respect to the applicable issuer; (iii) business activity by any covered corporate actor in connection with the national security of the United States, the Armed Forces, or veterans of the Armed Forces; or (iv) the limitation of business by any covered corporate actor with respect to the applicable issuer— (I) occurring in the jurisdiction of, or with an agent of the People’s Republic of China, the Russian Federation, North Korea, Iran, Syria, Sudan, Venezuela, or Cuba; (II) in connection with preventing the abuse of internationally recognized worker rights, as defined in section 507 of the Trade Act of 1974 ( 19 U.S.C. 2467 ); (III) with any entity that derives directly or indirectly more than de minimis gross revenue through the sale of products or services, or the presentation of any depictions or displays, of a prurient sexual nature