New Jersey, Gov. Phil Murphy Engaged in Racial Bias says Black Financial Firm

Black Local and National News

by BA 109 Views

Blueprint Capital Advisors (Blueprint), the only Black asset manager in the state of New Jersey by and through its undersigned counsel, Brown Rudnick, LLP and the Constitutional Litigation Advocacy Group, P.C., today filed an amended complaint directly against New Jersey Governor Phil Murphy and senior members of his administration charging blatant, aggressive, and unapologetic racist abuse from the State of New Jersey and seeking injunctive relief for his failure to address the maltreatment.The amended complaint adds federal racketeering claims against former and current employees of New Jersey’s Division of Investment (DOI).The racketeering claims focus on quid pro quo schemes, entrenched corruption and malfeasance, where external investments were granted to firms on the basis of racial preference using discriminatory practices and policies and in multiple instances Black-owned firms like Blueprint had their intellectual property stolen and provided to larger firms thereby unjustly enriching the firms and individuals who participated in the schemes.In the amended complaint, the Plaintiff Blueprint seeks declaratory, injunctive and equitable relief, as well as monetary damages, to redress Governor Murphy and the DOI’s violations of 42 U.S.C. § 1981 (“Section 1981”), 42 U.S.C. § 1983 (“Section 1983”), New Jersey Civil Rights Act, racketeering in violation of 18 U.S.C.§...

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