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After Fearless Fund Was Hit With A Lawsuit, CEO Arian Simone Says ‘About Eight Figures Of Investments’ Fell Through In Fall 2023

According to the Associated Press, Atlanta, GA-based venture capital firm Fearless Fund “faced tough questions from conservative judges” on Wednesday, Jan. 31, as it fought for its grant program to further support Black-women-owned businesses. As AFROTECH previously told you, Fearless Fund was hit with a lawsuit by Edward Blum and his American Alliance for Equal Rights (AAER) group in August 2023 on the basis that the fund was carrying out “explicit racial exclusion” and violated the Civil Rights Act of 1866.

Feb 2, 2024

Terrence Howard Sues The Creative Artists Agency, Claims He Received 30% To 50% Less Than What He Should Have Per Episode Of ‘Empire’

Terrence Howard claims he should have received a higher salary from Fox’s series “Empire.”

Dec 11, 2023

Private-Equity Firm Leader Kneeland Youngblood Seeks $900M And The Return Of Family Land To The Descendants Of Freed Slaves

Kneeland Youngblood, co-founder of Pharos Capital Group and based in Dallas, TX, is fighting to preserve his family legacy.

Nov 28, 2023

Ball Family, Puma Sued For $200M For Alleged Fraud And Trademark Infringement

Charlotte Hornets guard LaMelo Ball and his family are at the center of a lawsuit.

Nov 9, 2023

Fearless Fund Secures A Big Win As A Georgia Federal Court Issues The Green Light To Continue Its Grant Program

Fearless Fund secures a major victory in the attack on venture capital funding for women of color.

Sep 27, 2023

Amended Complaint In Federal Class Action Lawsuit Accuses Shaquille O’Neal Of Ghosting His Astrals NFT Project

Shaquille O’Neal is being sued again for his involvement with an non-fungible token (NFT) project.

Sep 8, 2023

Retired NFL Star Michael Oher Says He Has Not Received Royalties From 'The Blind Side'

According to retired NFL star Michael Oher, “The Blind Side” film distorted his story.

Aug 15, 2023

Vanessa Bryant Awarded $1.5M In Lawsuit Related To Kobe Bryant's BodyArmor Investment

To this day, Vanessa Bryant continues to honor her late husband Kobe Bryant.

Jun 28, 2023

Diageo Looks To Drop Sean ‘Diddy’ Combs Following His Claims Of Alleged Racial Discrimination

Spirits brand Diageo is sharing its side of the story on the partnership with Sean “Diddy” Combs.

Jun 27, 2023

Shaquille O’Neal Hit With Another Lawsuit Relating To Cryptocurrency Allegations

The lawsuits against Shaquille O’Neal seem to be piling up.

May 24, 2023

Ex-Tesla Worker Who Claims Colleagues Told Him To 'Go Back To Africa' Seeks New Trial After Rejecting $3.2M Payout

It is going to be a long fought battle for a Black former Tesla employee. AfroTech previously reported Owen Diaz filed a racial harassment and discrimination lawsuit against the automotive company. In 2021, he shared with the court that he had been told by coworkers to “go back to Africa,” per Insider. Diaz also claimed racial graffiti was scrawled in the bathrooms of the Tesla factory.

May 10, 2023

Byron Allen Slams McDonald’s With Second Lawsuit, Seeks $100M And Punitive Damages

Byron Allen is doubling down on taking McDonald’s to court.

May 9, 2023

After Selling For $2.2M, Original Owner Of Michael Jordan's '98 NBA Finals Air Jordan 13s Files Lawsuit To Reclaim Them

Despite making history, the Air Jordan 13 “Bred” shoes worn by Michael Jordan are at the center of a lawsuit.

Apr 26, 2023