[byoung2]

I don't think the investors would care if you brought this to their attention. I am not a lawyer, but if you want to bring this forward speak to a legal professional about this.

Definitely talk to a lawyer. Bad PR is poison to a startup and often just the threat of litigation is enough for them to want to settle (they often have insurance that covers lawsuits like these). I know someone who sued an employer for discrimination for a comment the CEO made about his disability being the reason for not promoting him. Of course this conversation was not recorded so there was no proof (I was a witness to the comment). They decided on binding arbitration, and in the end settled for 6 figures plus a non-disclosure.

Depending on the company, it may be worth it to make this go away than have bad PR like "XYZ Corp interviewers only want Pakastani candidates"