Beyond the 806
Former Cowboys running back Emmitt Smith is sued by investor over wind farm project - AP News
Emmitt Smith, the NFL's all-time rushing leader and former Dallas Cowboys running back, is being sued by a Native American investment company that claims he and his business partners misappropriated a $2.5 million loan meant to fund a wind farm project in Texas. The lawsuit was filed this week in Delaware by Kituwah LLC, which seeks investment opportunities for the Eastern Band of Cherokee Indians.
The lawsuit was filed this week in Delaware by Kituwah LLC, which seeks investment opportunities for the Eastern Band of Cherokee Indians. Kituwah claims that 4 13 Solutions, Smith's company, used the $2.5 million not for the wind farm but to repay an investor from earlier dealings. His longtime business partner, David Mosley, is also named in the suit.
Kituwah's attorneys allege Smith and Mosley misrepresented their efforts to secure a U.S. Department of Energy loan. The complaint paints a picture of a deal gone sideways before any turbines ever turned.
For people here in Lubbock and across the South Plains, where wind energy is a genuine part of the regional economy, this case is a reminder that big-name backing does not guarantee a project is legitimate. West Texas wind development attracts serious outside money, and deals that look promising can unravel fast when the financing gets murky.
Smith rushed for 18,355 yards over his NFL career, a record that still stands more than two decades after he retired.
Common questions
Why is Emmitt Smith being sued?
- Emmitt Smith is being sued by Kituwah LLC, an investment company for the Eastern Band of Cherokee Indians, which claims Smith's company misused a $2.5 million loan intended for a Texas wind farm project. The lawsuit alleges the money was instead used to repay an earlier investor.
Who else is named in the lawsuit against Emmitt Smith?
- David Mosley, Smith's longtime business partner, is also named in the suit. Both Mosley and Smith are accused of misrepresenting their efforts to secure a U.S. Department of Energy loan tied to the wind farm project.
Where was the Emmitt Smith wind farm lawsuit filed?
- The lawsuit was filed in Delaware by Kituwah LLC, which seeks investment opportunities for the Eastern Band of Cherokee Indians. The wind farm project at the center of the dispute was planned for Texas.
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