Colorado Cougars
The Colorado Cougars are an team of the American Basketball Association which began play in the 2010-11 season. Based in Loveland, Colorado, the Cougars play their home games at Loveland High School.[1][2]
Team owner Patrick Kelley was sent a cease and desist order by Colorado Securities Commissioner Fred Joseph over attempts to raise money for this team. Joseph alleges the way he was attempting to finance the team was a violation of the Colorado Securities Act. Kelley agreed with the order but did not admit or deny violating the law in the agreement.[3]
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