Call Now For a Free Consultation:
(614) 532-4576
Nationwide Representation

Texas Tech Coach Accused of Investment Fraud Related to Hedge Fund

Tommy Tuberville, coach for the Texas Tech football team, has been named in a federal lawsuit related to an alleged hedge fund scam. Tuberville, along with his partner John David Stroud and eight investment entities, are accused of taking more than $1.7 million from investors in Alabama, Tennessee, and Arkansas.Tuberville and Stroud were the cofounders of TS Capital Management, and they allegedly lured investors into a hedge fund and other funds operated by the company. Tuberville and Stroud are accused of instead using investors’ cash for personal expenses and making false statements to investors. The lawsuit alleged that the pair “employed devices, schemes, and artifices” to intentionally defraud their investors. Of the seven investors involved in the suit, most had already asked for their cash to be returned and have not yet been paid. At least two of those investors were told by Tuberville that they would receive their money by October 7th, 2011.The lawsuit alleged that Tuberville ran the hedge fund scam after leaving Auburn in 2008. The investment fraud lawyers with Meyer Wilson represent investors nationwide in stockbroker mediation, arbitration, and litigation. We have successfully recovered investment losses for hundreds of clients, and we look forward to discussing your case with you.If you would like to learn more about protecting yourself and your savings from Ponzi schemes and stock scams, request your free copy of our must-read book Five Signs of Investment Fraud…And What to Do if it’s Happened to You.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

Share This Story
If you found the information provided by this article useful, consider sharing to your social media channels to help others in their search for reliable resources.
Consult with Our Legal Team
There is never a cost associated with a consultation
Atlanta Office

945 East Paces Ferry Road, Suite 2275
Atlanta, GA 30326
Columbus Office

305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

900 Camp Street 
Suite 337
New Orleans, LA 70130
Los Angeles Office

2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

4781 Richmond Rd.
Suite 400
Warrensville Heights, OH 44128
Bloomfield Hills Office

41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.
Read More
chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram