Texas Tech v Texas

Updated: Tommy Tuberville listed in fraud lawsuit

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I’m not sure what it is about head coaches and shady investment opportunities, but Texas Tech head coach Tommy Tuberville has now been linked to two of them in the past year. Tuberville was listed as an investor in former Georgia coach Jim Donnan‘s “retail liquidation company”, GLC, which turned out to be a Ponzi scheme. Now, Tuberville is the subject of Huntsville Times report that lists him as the focal point of a fraud case involving an Auburn-based investment company.

The paper reports a complaint was filed last Friday in the in U.S. District Court in Montgomery against TS Capital and its co-owners, Tuberville and John David Stroud. The document accuses the two of defrauding investors out of more than $1.7 million.

Details from the Huntsville Times

The 32-page suit alleges that Tuberville and Stroud mixed their clients’ assets with their own, failed to file tax returns, falsified client statements, falsified fund performance reports and “generally disregarded and violated customary practices and procedures followed in the hedge fund and security investments industry.”

Several plaintiffs, including at least one former employee of TS Capital, have demanded their money be returned, yet, according to the complaint, none of the money invested has been accounted for. The suit also states that investors listed “have reason to believe that most, and possibly all, of their invested funds have been misappropriated, improperly converted and/or squandered.”

The suit lists 16 complaints against Tuberville and Stroud, including “negligence or wantonness,” “fraudulent misrepresentation” and “fraudulent suppression.”

Yikes.

Tuberville had been involved with TS Capital Partners following his departure from Auburn after the 2008 season. Tuberville was hired by Texas Tech in January, 2010. According to another Birmingham News feature in 2009, Tuberville, “an amateur stock guru”, was looking to “drum up a little business for a big-time hedge fund run by Stroud Capital.”

Like most fraud cases, the company was exposed in the past year when investors started asking for their funds. Then, things started spiraling out of control. That prompted a report from the National Futures Association last October that essentially showed TS Capital had no money to pay investors.

“To date, the NFA has been able to confirm that TS Management and its affiliated entities have in aggregate less than $3,500 based upon bank and brokerage account records produced by Stroud to the NFA,” the NFA report reads.

Tuberville and Stroud didn’t return calls and emails by the newspaper requesting a response. What this means for Tuberville going forward isn’t known, but there’s a valuable lesson we can all learn from this: if someone you know calls you and the words “investment opportunity” come out of their mouth, hang up the ph0ne.

UPDATED 5:45 p.m. ET: In a statement issued via his attorney, Tuberville “categorically denies any wrongdoing” and alleges he “has never met or spoken with most of the plaintiffs.” Tubervill claims he “invested significant funds and has never received any return from his own investment.”

Finally, Tuberville asserts he “has cooperated with every regulatory inquiry and not a single one has asserted that he was involved in any wrongdoing” and will “vigorously defend the allegations made against him and is confident he will be exonerated.”

(courtesy of Aaron Dickens of RedRaiderSports.com) 

Trey Holtz, son of Skip and grandson of Lou, starts coaching career at Ohio State

BERKELEY, CA - SEPTEMBER 17:  Trent Domingue #17 of the Texas Longhorns kicks a 35-yard field goal against the California Golden Bears in the fourth quarter on September 17, 2016 at California Memorial Stadium in Berkeley, California.  Cal won 50-43.  (Photo by Brian Bahr/Getty Images)
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The Holtz family coaching tree just added another branch.

Louis Leo Holtz III, better known as Trey, has joined the Ohio State staff, according to a post on his Instagram account. Holtz is the son of Louisiana Tech head coach Skip Holtz and the grandson of College Football Hall of Fame coach Lou Holtz.

“Super excited to start my coaching career in Columbus!!,” Holtz wrote, captioning a photo of him making the “O” inside Ohio Stadium.

Super excited to start my coaching career in Columbus!! #GoBucks

A photo posted by Trey Holtz (@treyholtz) on

Ohio State has not officially announced Holtz’s hiring, but it’s a safe bet Holtz will join Urban Meyer‘s staff as a graduate assistant or quality control assistant.

Holtz played his college career at Texas as a walk-on quarterback out of powerhouse Plant High School in Tampa. He did not throw a pass, but played in 23 games as a junior and senior as the holder on field goals and extra points.

Louisville RB L.J. Scott reportedly transfers to Eastern Kentucky

LOUISVILLE, KY - OCTOBER 30:  L.J. Scott #27 of the Louisville Cardinals celebrates after a first down in the second quarter against the Florida State Seminoles during their game at Papa John's Cardinal Stadium on October 30, 2014 in Louisville, Kentucky.  (Photo by Andy Lyons/Getty Images)
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Louisville running back L.J. Scott has transferred to Eastern Kentucky, according to a report Sunday from Kennedy Hardman of WTVQ in Lexington, Ky.

The school has not announced Scott’s arrival, but Hardman reports Scott is already enrolled in classes at EKU.

Scott was a reserve runner in his first two seasons at Louisville and fell out of favor in Bobby Petrino‘s offense in 2016. He carried 29 times for 201 yards and two touchdowns as a freshman in 2014 and rushed 39 times for 180 yards and four scores in 2015. His numbers dipped dramatically in 2016, though, totaling only three rushes for 15 yards. Scott battled a hamstring injury during the season but saw his usage dip even before the ailment popped up.

Scott will have one year to compete for the Colonels.

Not to be confused with the Michigan State running back of the same name, Scott was a consensus 3-star recruit when he signed with the Cardinals out of Harding, Ohio, in 2014.

Baylor and Houston lighting up the skies for recruiting purposes

Photo credit: Matt Rhule
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New Baylor head coach Matt Rhule is absolutely loving being in charge of a football program that has its own stadium to call home. The look on Rhule’s face as he walked on to Baylor’s football turf and soaked it all in after years as the head coach of Temple and having to share space in an NFL venue said it all. It did not take long for Rhule and his staff in Waco to find a way to show off the stadium and the atmosphere either, as Baylor has been lighting the stadium Baylor green for recruiting visits since Rhule’s arrival.

It has become apparent that “Baylor Lit” is Rhule’s go-to catchphrase any time he receives positive recruiting news for the program, like a player committing to the university. Coaches are not allowed to directly and publicly comment on recruits before they are enrolled, so many coaches have taken to Twitter with a brief catchphrase to let their followers know something good just happened. Texas A&M coach Kevin Sumlin, for example, would say “Yessir!” on his Twitter account.

Because ideas are stolen all the time around college football, Houston appears to have been inspired by Baylor and is lighting their stadium red for similar purposes.

And because College Football Twitter will never let such a thing slide, the jokes have been running wild between fans of the schools.

There are some other schools I’d be curious to see duplicate this light show exhibition. Maybe Middle Tennessee could light the sky blue? Notre Dame could provide a golden shine to the sky. Syracuse plays in a dome, unfortunately, but an orange-lit sky would be cool to see. And of course, Hawaii could go with a full spectrum of the colors of the rainbow.

What I am trying to say is, lighting the sky in your team’s colors is cool and more schools should give it a try.

Helmet sticker to Reddit.

Newly hired David Reaves placed on administrative leave by Oregon following DUI arrest

EUGENE, OR - OCTOBER 6: Close-up of the Oregon Ducks 'Liquid Metal' helmet during the the game between the Oregon Ducks and the Washington Huskies on October 6, 2012 at Autzen Stadium in Eugene, Oregon. Oregon won the game 52-21. (Photo by Steve Dykes/Getty Images)
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Oregon co-offensive coordinator David Reaves was arrested early Sunday morning and charged with DUII, reckless driving and reckless endangerment. In response to the arrest, Oregon has placed Reaves on administrative leave and is already moving to terminate his contract.

According to a report from The Oregonian, Reaves was pulled over at 2:12 a.m. in Eugene. Suspected of being impaired while operating the vehicle, and following an on-scene investigation, Reaves was charged and booked into a county jail at 5:18 a.m. He was released from jail later Sunday morning. There was an adult passenger in the car.

“University of Oregon assistant football coach David Reaves was arrested last night and charged with Driving Under the Influence by members of the Eugene Police Department,” a statement from Oregon director of athletics Rob Mullens said. “Reaves has been placed on administrative leave and the process to terminate his employment with cause has commenced. The University has high standards for the conduct of employees and is addressing this matter with the utmost of seriousness.”

Reaves was hired specifically to coach tight ends and take on the role of passing game coordinator while he and Mario Cristobal shared the role of offensive coordinator.

Reaves was hired by Oregon just five days ago to join the coaching staff assembled by new head coach Willie Taggart. For Taggart, this is just the latest in a bizarre sequence of events since being hired away by USF to take on the head coaching responsibility at Oregon. Taggart’s strength coach Irele Oderinde has already been suspended by the university after multiple Oregon football players were hospitalized following offseason workouts. All players that were receiving treatment have since been released from the hospital.