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) 

In advance of FBS move, Liberty announces 13 future match-ups

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Liberty doesn’t have a conference home, but the Flames aren’t letting a little logistical hurdle like that stop them from manifesting their destiny.

The school is moving up to FBS in 2018 whether FBS wants them or not, and the Flames on Wednesday took a major step forward by announcing 13 future games, primarily filling out schedules for the early years of the next decade.

“The announcement of these additional football series give Flames Nation a taste of our future football schedules,” Liberty AD Ian McCaw said in a statement. “We are close to completing schedules for our first five seasons of FBS football. I appreciate Mickey Guridy‘s diligent efforts is securing these agreements.”

The future games break out as follows:

Bowling Green
Oct. 3, 2020 — at Bowling Green
Sept. 2, 2023 — at Liberty

Marshall
Oct. 14, 2023 — at Marshall
Oct. 5, 2024 — at Liberty

Massachusetts
Nov. 2, 2019 — at UMass
Nov. 28, 2020 — at Liberty
Nov. 6, 2021 — at Liberty

NC State
Nov. 21, 2020 — at NC State

Troy
Sept. 11, 2021 — at Troy

UAB
Oct. 2, 2021 — at UAB
Sept. 10, 2022 — at Liberty

Liberty opens this season at Baylor, and will face 10 FBS foes in 2018, including trips to Virginia and Auburn.

Jasmin Hernandez reaches settlement with Baylor

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Jasmin Hernandez was not the first woman former Baylor football player Tevin Elliott raped, but she was the first one to go public. Hernandez, obviously, allowed her name to be used publicly, and with that put an identity on the sexual assault crisis at Baylor. And she was the first to insist Elliott be prosecuted.

Elliott has since been convicted and sentenced for his crimes, and on Saturday Hernandez reached a settlement with the people she accused of allowing Elliott’s assaults to happen.

Hernandez has reached a settlement with Baylor and requested former Bears AD Ian McCaw and former head coach Art Briles be removed from the suit.

“We’re moving on,” attorney Irwin Zalkin told the Waco Tribune. “Jasmin is very happy with that and pleased to be moving on with her life.”

“You kind of weigh the costs and benefits of continuing, and for her, it reached a point where she felt she could resolve the case and have some closure and move forward. It was the right time for her,” Zalkin told ESPN.

The settlement means Baylor has now reached settlements with seven plaintiffs; four Title IX suits with a total of 13 plaintiffs still remain.

McCaw, of course, has since moved on to become the AD at Liberty, while Briles — who admitted no wrongdoing in being removed from the Hernandez suit — said through an attorney he expects to coach in 2018.

Baylor, meanwhile, must now brace for the release of the Pepper Hamilton documents as ordered by a judge last week.

Oklahoma State puts up 1945 national championship signage at Boone Pickens Stadium

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Oklahoma State has decided that it was the 1945 national champion. It even has the photo to prove it.

While it is strange to name yourself a national champion more than seven decades after the fact, it is especially strange considering the banner comes significantly after Oklahoma State announced it is now the 1945 national champion. If you remember, Oklahoma State accepted the AFCA’s naming of the Pokes as the 1945 champions last year.

“After gathering all the pertinent information and doing our due diligence, it is the pleasure of our Blue Ribbon Commission of coaches to officially recognize Oklahoma State’s 1945 championship season with the AFCA Coaches’ Trophy,” AFCA executive director Todd Berry said at the time.

Known as Oklahoma A&M at the time, that ’45 Cowboys team was extremely good. They finished 9-0 on the year, opening with a 19-14 win at Arkansas, trucking Utah 46-6 in Salt Lake City, spanking Oklahoma 47-0 — the largest of OSU’s 18 wins over OU — and concluding with a 33-13 win over St. Mary’s in the Sugar Bowl.

The problem, though, is that the 1945 Army team hasn’t gotten any worse in the 72 years since. Led by College Football Hall of Famers Doc Blanchard and Glenn Davis, the Black Knights allowed a sum of 35 points in their run to a 9-0 mark — and never more than seven points in any one game — with wins over four top-20 teams, including legacy programs in Eastern markets such as No. 9 Michigan, No. 6 Penn and No. 2 Notre Dame.

Oklahoma State doesn’t care, though. The signage is up, and you’ll have to bring your bayonets to take it down.

Kliff Kingsbury ‘not sure’ Da’Leon Ward will play this season

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Da’Leon Ward was the bell cow of Texas Tech’s running game the last month of the 2016 season.  With a new season fast approaching on the horizon, it seems highly unlikely he’ll do the same in the early portion of 2017 — if at all.

Ward has been a non-participant throughout the whole of Tech’s summer camp that kicked off earlier this month because of unspecified issues related to academics.  Kliff Kingsbury addressed the running back’s situation Tuesday, with the Lubbock Avalanche-Journal writing that the head coach’s “update sounded ominous, considering Tech’s second session of summer school ended” late last week.

In fact, Kingsbury allowed that, when it comes to Ward, he’s “not sure he’ll be back for this season or not.”

Last season, the sophomore led the Red Raiders with 428 yards rushing.  of that, 370 of the yards came in the last five games of the year.

Justin Stockton, whose 154 yards last season were fourth on the team, has been running with the first-team offense throughout camp.  Last season’s second-leading rusher, Demarcus Felton (354), is back for the 2017 season as well.