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McDonald’s facing lawsuit over racially discriminatory scholarship program for Hispanic and Latino students

Jan 14, 2025

Contract Type

agreement

ChicagoFood and BeverageHospitalityRestaurants

Description

The American Alliance for Equal Rights has filed a lawsuit against McDonald’s, alleging that the fast-food giant’s scholarship program for Hispanic and Latino high-schoolers is racially discriminatory. This comes shortly after McDonald’s announced an overhaul of its diversity, equity and inclusion efforts.

Company Information

Company

McDonald’s

Location

Chicago, Illinois, United States

About

McDonald’s is the world’s leading global foodservice retailer with over 37,000 locations in over 100 countries. More than 90% of McDonald’s restaurants worldwide are owned and operated by independent local business men and women. McDonald's & our franchisees employ 1.9 million people worldwide. We serve the world some of its favorite foods - World Famous Fries, Big Mac, Quarter Pounder, Chicken McNuggets and Egg McMuffin.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.