CASE NAME

American Alliance for Equal Rights v. Fearless Fund Management, LLC

Overview

Plaintiff challenged a program operated by Defendant, which awards $20,000 grants to small businesses owned by Black women to bridge racial and gender gaps in venture capital funding.

Details

Plaintiff argues the program violates section 1981.

The district court denied Plaintiff’s application for a preliminary injunction to restrain the program, finding that Defendant intended to convey a particular message by promoting and operating its grant program, and that the First Amendment might therefore bar the Plaintiff’s claim. This decision was overturned on appeal.

Court

U.S. District Court, Northern District of Georgia

Status

Filed August 02, 2023 | Settled

On September 11, 2024, the parties announced a settlement of the lawsuit, in which Fearless Fund decided that it would cease operating the grant contest.