Deadspin: Joliet's Rudy Sacked By SEC

Deadspin reported on Friday night that Joliet native Daniel "Rudy" Ruettiger, "the former Notre Dame walk-on whose life became the basis of one of the greatest sports films of all time, has been sued by the SEC for his involvement in a 'pump-and-dump' stock scheme for his sports drink company, Rudy Nutrition."

"If your childhood dreams were not already lost, then this should do it: Not even Rudy is innocent," Deadspin reported, relating how Ruettiger and a dozen others "founded the 'Rudy Nutrition' sports drink line in order to compete with Gatorade, and then defrauded investors by pumping up penny stock. They allegedly took in more than $11 million in 'illicit profits.'"

Deadspin provided this link to the SEC's press release and noted that Ruettiger is settling the suit for $382,866, but is not admitting or denying the allegations.