A venture capital firm will shut down a program that provided grant funding to Black women entrepreneurs in order to end a discrimination case brought by a conservative advocacy group led by longtime diversity, equity, and inclusion opponent Edward Blum.
The Fearless Fund and the American Alliance for Equal Rights agreed to a settlement that will prompt the litigation’s dismissal, according to a Wednesday court filing.
The case is one of several filed by conservative advocacy groups that aim to challenge DEI. Groups opposing these programs have targeted both funding for businesses with diverse ownership and DEI programs that ...
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