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Lance Thomas being sued

Posted: September 7th, 2012, 4:40 pm
by TillyGalore
Lance ordered some custom jewelry in December 2009, but hasn't paid off the credit extended and is being sued.

http://www.wralsportsfan.com/college_ba ... /11519144/

Why did he spend $30k on a down payment for jewelry when he could use that money for a house? And where did a college senior get $30k?

Re: Lance Thomas being sued

Posted: September 7th, 2012, 5:47 pm
by OZZIE4DUKE
TillyGalore wrote:Lance ordered some custom jewelry in December 2009, but hasn't paid off the credit extended and is being sued.

http://www.wralsportsfan.com/college_ba ... /11519144/

Why did he spend $30k on a down payment for jewelry when he could use that money for a house? And where did a college senior get $30k?
The bigger issue might be that someone gave him ~$70K in credit based on future basketball earnings. That's a no no. We could lose banner #4 over this. :-o :-o :-o :-o :-o :((

Re: Lance Thomas being sued

Posted: September 7th, 2012, 7:24 pm
by windsor
I am hoping that there is some rational explanation. IF it turns out to be as bad as it looks we will be dropping a banner. The information thus far is one sided...I eagerly await Lance's side.

Re: Lance Thomas being sued

Posted: September 7th, 2012, 8:00 pm
by CameronBornAndBred
:-s :-s :-ss :-ss

Re: Lance Thomas being sued

Posted: September 7th, 2012, 8:00 pm
by CameronBornAndBred
CameronBornAndBred wrote::-s :-s :-ss :-ss
That being said, Hayward still missed. :duke:

Re: Lance Thomas being sued

Posted: September 7th, 2012, 9:35 pm
by DevilWearsPrada2.0
CameronBornAndBred wrote:
CameronBornAndBred wrote::-s :-s :-ss :-ss
That being said, Hayward still missed. :duke:

And with all that being said........ I was In Indy for the Final Four in 2010, and that was a heck of a ball game!!! and Gordon still missed the heave!!!

The whole LT story sounds like a April Fool's joke to me.

Re: Lance Thomas being sued

Posted: September 7th, 2012, 11:58 pm
by TillyGalore
OZZIE4DUKE wrote:
TillyGalore wrote:Lance ordered some custom jewelry in December 2009, but hasn't paid off the credit extended and is being sued.

http://www.wralsportsfan.com/college_ba ... /11519144/

Why did he spend $30k on a down payment for jewelry when he could use that money for a house? And where did a college senior get $30k?
The bigger issue might be that someone gave him ~$70K in credit based on future basketball earnings. That's a no no. We could lose banner #4 over this. :-o :-o :-o :-o :-o :((
If we lose that banner I will.......

Re: Lance Thomas being sued

Posted: September 18th, 2012, 9:51 am
by lawgrad91
Andy Katz just retweeted from Laura Keeley that Lance Thomas has reached a settlement with the jeweler.

Re: Lance Thomas being sued

Posted: September 18th, 2012, 12:37 pm
by TillyGalore
lawgrad91 wrote:Andy Katz just retweeted from Laura Keeley that Lance Thomas has reached a settlement with the jeweler.
WRAL is reporting the same, http://www.wralsportsfan.com/college_ba ... /11560919/.

Apparently the jeweler doesn't want to talk to the NCAA. Wonder why? Dun dun duahhhhhh.

Re: Lance Thomas being sued

Posted: September 18th, 2012, 2:01 pm
by windsor
Well that settles that, the jeweler will not speak to the NCAA, so there is not much they can do....I will bet real money that the settlement includes a 'no-speaky' clause. It still smells bad...but that is as far as it goes.