A report Sunday by The New York Times examines a hedge fund in which former University of Cincinnati Bearcats football head coach Tommy Tuberville said he invested, as well as the lawsuit that resulted.
A little more than a decade ago, after departing from Auburn University where he was head coach, Mr. Tuberville entered into a 50-50 partnership with a former Lehman Brothers broker named John David Stroud. Their ventures, which included TS Capital Management and TS Capital Partners — T for Tuberville and S for Stroud — turned out to be a financial fraud.