The aftermath of George Floyd’s murder has led to several large corporations facing multiple lawsuits for failing to meet the diversity, equity, and inclusion (DEI) commitments they made.
The commitments were made following Floyd’s death in 2020, with businesses quickly issuing statements and pledging to adopt new ways to combat racism.
Those pledges included addressing ethnic and gender inequalities among their employee ranks.
However, according to Bloomberg Law, a host of lawsuits claim those pledges were never met.
Among the most egregious parties are Wells Fargo and Delta Air Lines.
Bloomberg said those companies falsely claimed that, over the past three years, they worked to promote diversity, equity, and inclusion.
Five shareholder lawsuits allege that Wells Fargo ran afoul of federal law against discrimination.
Wells performed “sham interviews to nominally fulfill a diversity-enhancing policy,” the lawsuit claims.
Further, the bank’s board acted on diversity and inclusion issues only because of negative media coverage.
Law firms have filed at least 40 suits alleging that employment discrimination has only increased since pledges were made.
Sarah Fortt, worldwide co-chair of Latham & Watkins LLP’s environmental, social, and governance practice, told the outlet that she also noted a spike in “‘reverse discrimination’ claims.”
According to a published report, these lawsuits take the form of shareholder derivative proceedings, in which investors claim that a company’s failure to achieve specific DEI goals caused the value of its stock to decline.
Bloomberg noted that “DEI-specialized lawyers, academics, and practitioners contend that companies must balance the needs of the business, employees, shareholders, and customers when creating progressive initiatives while averting legal action from any of those groups.”
Bloomberg continued: One strategy offered is formulating policies “aspirationally,” or in general terms.
Lawyers asserted that instead of creating a strict quota to employ a specific number of people of color for its board, a corporation might aim to match the proportion of people of color in its workforce to that of people of color on its board.
Elena Philipova, director of sustainable finance at Refinitiv, noted that the most prosperous businesses are genuine, and authentic and have DEI objectives built into their DNA.
Despite the lawsuits, some corporations have moved to improve DEI within their organizations.
For example, in December 2020, Microsoft announced that it had achieved its goal of doubling the number of Black and African American managers, senior individual contributors, and senior leaders in the U.S.
However, the report noted that the company still has work to do to achieve gender and racial parity at all levels.
Additionally, some companies are incorporating innovative approaches to improve diversity and inclusion.
For instance, Airbnb has reportedly implemented a program called “Project Lighthouse” to increase representation across race, gender, and other dimensions.
The program includes creating “belonging assessments” that measure employees’ sense of belonging and connection to the company and then creating tailored solutions based on the results.
Still, the report concluded that some corporations had improved diversity and inclusion, while others faced lawsuits for failing to meet their DEI commitments.
The most prosperous businesses are open and honest about their objectives, pay attention to their staff, and incorporate DEI objectives into all operations, Philipova told Bloomberg.
“It really needs to be genuine and authentic, built into the DNA of the organization, and then being transparent.

October 16, 2023, HOUSTON, TX – Congressional Candidate Amanda Edwards has raised over $1 million in less than 4 months, a substantial sum that helps bolster the frontrunner status of the former At-Large Houston City Council Member in her bid for U.S. Congress. Edwards raised over $433,000 in Q3 of 2023. This strong Q3 report expands on a successful Q2 where Edwards announced just 11 days after declaring her candidacy that she had raised over $600,000. With over $829,000 in cash-on-hand at the end of the September 30th financial reporting period, Edwards proves again that she is the clear frontrunner in the race. “I am beyond grateful for the strong outpouring of support that will help me to win this race and serve the incredible people of the 18th Congressional District,” said Edwards. “We are at a critical juncture in our nation’s trajectory, and we need to send servant leaders to Congress who can deliver the results the community deserves. The strong support from our supporters will help us to cultivate an 18th Congressional District where everyone in it can thrive.” Edwards said. “Amanda understands the challenges that the hard-working folks of the 18th Congressional District face because she has never lost sight of who she is or where she comes from; she was born and raised right here in the 18th Congressional District of Houston,” said Kathryn McNiel, spokesperson for Edwards’ campaign. Edwards has been endorsed by Higher Heights PAC, Collective PAC, Krimson PAC, and the Brady PAC. She has also been supported by Beto O’Rourke, among many others. About Amanda: Amanda is a native Houstonian, attorney and former At-Large Houston City Council Member. Amanda is a graduate of Eisenhower High School in Aldine ISD. Edwards earned a B.A. from Emory University and a J.D. from Harvard Law School. Edwards practiced law at Vinson & Elkins LLP and Bracewell LLP before entering public service. Edwards is a life-long member of St. Monica Catholic Church in Acres Homes. For more information, please visit www.edwardsforhouston.com

As September 13th rolls around, we extend our warmest birthday wishes to the creative powerhouse, Tyler Perry, a man whose indomitable spirit and groundbreaking work have left an indelible mark on the world of entertainment. With his multifaceted talents as an actor, playwright, screenwriter, producer, and director, Tyler Perry has not only entertained but also inspired audiences worldwide, particularly within the African-American community, where his influence and role have been nothing short of powerful. Born in New Orleans, Louisiana, in 1969, Tyler Perry’s journey to stardom was a path riddled with adversity. Raised in a turbulent household, he found refuge in writing, using it as a therapeutic outlet. This period of introspection gave rise to one of his most iconic creations, Madea, a vivacious, no-nonsense grandmother who would later become a beloved figure in Perry’s works, offering a unique blend of humor and profound life lessons. Despite facing numerous challenges, including rejection and financial struggles, Perry’s determination and unwavering belief in his abilities propelled him forward. In 1992, he staged his first play, “I Know I’ve Been Changed,” which, although met with limited success, was a pivotal moment in his career. Unfazed by initial setbacks, Perry continued to hone his craft, and by 1998, he had successfully produced a string of stage plays that showcased his storytelling prowess.

Calling all teenage student-athletes! If you have dreams of playing college soccer and wish to represent an HBCU, the HBCU ID Camp is your golden opportunity. From 8 am to 5 pm on November 11-12, Houston Sports Park will transform into a hub for aspiring male and female soccer players. Coaches from HBCUs across the nation will be present to evaluate, scout, and offer valuable feedback. Moreover, they might even spot the next soccer prodigy to join their collegiate soccer programs. This camp is not just about honing your soccer skills but also a chance to connect with the HBCU soccer community. You’ll learn the ins and outs of what it takes to excel on the field and in the classroom, which is crucial for a college athlete. The HBCU ID Camp is an excellent platform to network with coaches, learn from experienced athletes, and take the first steps toward your college soccer journey. To secure your spot at this incredible event, don’t forget to register [here](insert registration link). Space is limited to 120 participants, so make sure to reserve your place before it’s too late. It’s time to turn your dreams of playing college soccer into a reality.

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