(Reuters) A group founded by the conservative activist instrumental in the U.S. Supreme Court’s June decision rejecting affirmative action in collegiate admissions on Wednesday sued an Atlanta-based venture capital fund that supports Black women who own small businesses, accusing it of unlawful racial discrimination.
The nonprofit American Alliance for Equal Rights, founded by affirmative action foe Edward Blum, said in its lawsuit that the firm, called Fearless Fund, is violating Section 1981 of the Civil Rights Act of 1866, a U.S. law barring racial bias in private contracts, by making only Black women eligible in a grant competition. It was filed in federal court in Atlanta.
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