- Mostly cloudy
MONTGOMERY, Ala. -- University of Cincinnati football coach Tommy Tuberville has settled a lawsuit filed by investors seeking to recover money lost in a hedge fund Tuberville helped manage.
U.S. District Judge Myron Thompson approved the settlement on Tuesday, online court filings showed. Details weren't released.
The lawsuit alleged clients were defrauded of more than $1.7 million.
Attorneys for Tuberville denied the allegations. Tuberville's former business partner, John David Stroud, pleaded guilty to securities fraud in August. Tuberville was not charged but the suit was scheduled for trial Oct. 15.
Stroud was sentenced to 10 years and ordered to pay more than $2.1 million in restitution.
Victor Hayslip, an attorney for Tuberville, said with Stroud's plea, parties in the suit "found it in everybody's best interests to resolve the disputes."
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
No time for tears for the University of Cincinnati Bearcats as seniors play their last home game.
Sean Kilpatrick scored a season-high 34 points in his final home game, and a trio of senior starters steadied No. 15 Cincinnati to a 97-84…
Shabazz Napier scored 18 points and grabbed 11 rebounds to lead UConn to a 51-45 upset of No. 11 Cincinnati on Saturday.
Cincinnati men’s basketball standout Sean Kilpatrick is nominated for national player of the year and Mick Cronin is up for top coach honors.
Russ Smith's 18-foot jumper with 2.2 seconds left gave No. 11 Louisville a 58-57 victory win over No. 7 Cincinnati on Saturday, the…
Sean Kilpatrick hit six 3-pointers and scored 23 points as No. 7 Cincinnati dominated Central Florida in a 77-49 victory Wednesday night.
Sean Kilpatrick scored 28 points and Justin Jackson overcame foul problems to add 13 points, all in the second half, and the No. 10…
Coach Larry Brown's SMU Mustangs stayed undefeated at home and ended the Bearcats' 15-game winning streak.
Sean Kilpatrick scored 26 points, and Justin Jackson led a second-half surge that rallied No. 7 Cincinnati to its 15th straight win.
Former Colorado athletic director Mike Bohn takes over at UC with one overriding priority: Get the Bearcats into a better conference.