Tommy Tuberville Responds To $1.7 Million Lawsuit Via Statement

LUBBOCK TX - SEPTEMBER 18: Head coach Tommy Tuberville of the Texas Tech Red Raiders talks with Will Ford #7 during play against the Texas Longhorns at Jones AT&T Stadium on September 18 2010 in Lubbock Texas. (Photo by Ronald Martinez/Getty Images)

Tommy Tuberville has responded to a lawsuit alleging he defrauded fellow investors of $1.7 million.

So Texas Tech Red Raiders head coach Tommy Tuberville is being sued to the tune of $1.7 million for alleged financial fraud. Texas Tech blog Double T Nation has rifled through the suit and Tuberville's statement in response, spending way more time explaining different types of legal entities and fiduciary duties than any college football bloggers ever, it seems. I'm no expert, but it looks like they've done a fine job of it, too.

Here's Tuberville's statement, which says the sorts of things you'd expect it to say:

"Coach Tuberville was surprised to learn of the pending lawsuit involving TS Capital Partners, LLC and he categorically denies any wrongdoing which has been attributed to him in this suit.

"He has never even met or spoken with most of the plaintiffs and he is acquainted minimally with the few other plaintiffs only because they were employees at TS Capital Partners, LLC. Coach Tuberville absolutely never solicited any investment from any of these or other individuals.

"It is important to note that Coach Tuberville himself invested significant funds and has never received any return from his own investment. Accordingly, he is hopeful the plaintiffs, who were employees, can help to provide answers as to what transpired.

"Coach Tuberville has cooperated with every regulatory inquiry and not a single one has asserted that he was involved in any wrongdoing. He intends to vigorously defend the allegations made against him and is confident he will be exonerated."

And now we all have a lawsuit to cover. So that'll be super fun.

For more on Red Raiders football, visit Texas Tech blog Double-T Nation.

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