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Topic - Fearless Fund

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FILE - Ayana Parsons, one of the co-founders and CEOs of The Fearless Fund, walks outside the James Lawrence King Federal Building in Miami, Jan. 31, 2024, following a hearing. On Monday, June 24, 2024, Parsons, one of the co-founders of the Atlanta-based venture capital firm that supports women of color, stepped down as chief operating officer as the company battles a lawsuit that has become emblematic of a conservative backlash against corporate diversity programs. (AP Photo/Rebecca Blackwell, File)

A co-founder of the embattled venture capital firm Fearless Fund has stepped down as operating chief

By Alexandra Olson - Associated Press

As legal challenges mount, some companies retool diversity and inclusion programs

By Alexandra Olson and Haleluya Hadero and Anne D'Innocenzio - Associated Press