FanPost

Not our favorite topic, but its out there

Per the LAJ (May 7, 2012)

Investors' new suit offers new claims about Tuberville's connection to failed hedge funds

The new, 52-page, complaint includes allegations that:

■ Tuberville recruited potential investors in Lubbock after coming to Texas Tech in January 2010. After making the initial solicitation, the suit says, Tuberville would give the prospective investor’s name to a fund employee for follow-up.

■ Tuberville suggested that John C. Owens of Lubbock invest with Stroud. Stroud came to Lubbock for a Texas Tech football game and met with Owens in a corporate suite at Jones AT&T Stadium; Owens invested $50,000 with the TS Fund. Attempts to reach Owens by telephone were unsuccessful on Monday.

Folks here know my views, so I won't add anything else, except to say, innocent until proven guilty.

<em>This is a FanPost and does not necessarily reflect the views of Viva The Matadors' writers or editors. It does reflect the views of this particular fan though, which is as important as the views of Viva The Matadors' writers or editors.</em>

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