Edward Blum News

Job Cuts, Fleeing Investors: How Anti-DEI Lawsuits Take a Toll on Targets

Elizabeth Gore is fighting for survival. Just six months ago, the founder of financial technology startup Hello Alice was getting ready to close an investment round to grow its business offering grants and networking opportunities to entrepreneurs from underrepresented groups. …

Appeals Court Upholds Nasdaq Board Diversity Rule

A U.S. appeals court upheld Nasdaq’s board diversity rule on Wednesday, requiring companies listed on the exchange to have women and minority directors on their boards or explain why they do not. In a lengthy opinion, the New Orleans-based 5th …

Appeals Court Blocks Venture Capital Fund’s Grant Program for Black Women

A federal appeals court on Saturday blocked a venture capital fund from moving forward with a program that awards funding to businesses run by Black women in a case by the anti-affirmative action activist behind the successful U.S. Supreme Court …

Judge Refuses to Block Venture Capital Fund’s Grants for Black Women

A federal judge in Atlanta on Tuesday rejected a bid by the anti-affirmative activist behind the successful U.S. Supreme Court challenge to race-conscious college admissions policies to bar a small venture capital fund from awarding grants to businesses run by …

Conservative Activist Uses Civil War-Era Law to Challenge Corporate Diversity

The anti-affirmative action activist behind the successful U.S. Supreme Court challenge to race-conscious college admissions policies is trying to use a Civil War-era law designed to protect formerly enslaved Black people from racial bias to dismantle American corporate diversity programs. …