Judge Sets July 17 Deadline for AT&T’s Answer to Racial-Bias Complaint
July 17 is AT&T’s deadline to answer or otherwise respond to the allegations of Legacy Equity Advisors that AT&T kept it from bidding for the DirecTV and Cricket Wireless divestitures because of the private equity firm’s African American ownership and…
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management (see 2305040065), said U.S. District Judge Sidney Fitzwater for Northern Texas in Dallas in a signed order Tuesday (docket 3:23-cv-00979). Despite Legacy’s reputation and access to “substantial financial resources” from investors Tom Hicks, Bain Capital and Jay-Z’s Roc Nation, AT&T imposed “racially motivated barriers to contract” because Legacy is African American owned and operated, alleged the equity firm’s May 4 complaint. AT&T denied the allegations (see 2305050003).