A federal judge in Atlanta ruled Tuesday that a venture capital firm can continue offering a grant program only to Black women entrepreneurs, saying a lawsuit arguing it illegally excluded other races was not likely to succeed.
Senior U.S. Judge Thomas Thrash denied a preliminary injunction that would have blocked the grants by the Atlanta-based Fearless Fund. The judge issued the decision in court after hearing arguments from attorneys and said he planned to issue a written order by the end of the week.
