Barry Migliorini (born July 18, 1966), is an American former basketball coach. He was the head coach for the California Dream of the American Basketball Association (ABA).[1][2]
Early years
After prepping at Fountain Valley High School, Migliorini ran cross country and track as a student-athlete at the University of Southern California for coach Larry Knuth.[3][4]
Career
Business career
Following college Migliorini was a sports agent who represented MLB player Mike Vento, of the New York Yankees, and NFL football player Ryan Smith of the Carolina Panthers among other professional athletes.[5]
In 2002, while working as an Investment Banker with National Capital Migliorini signed a contract with Aethlon Medical (AEMD) valued at $161,537.[6] In November 2014 the stock sky rocked to $26 a share and moved to Nasdaq after AEMD announced its patented Hemopurifier could treat the Ebola virus.[7]
In an 8k filing with the U.S. Securities and Exchange Commission dated September 18, 2015 Migliorini received 6,000 shares of American Housing Income Trust. .[8] At the time American Housing Income Trust (AHIT) traded at $7000 per share giving the contract a total value of $42,002,000.[9] On December 4, 2015, AHIT terminated its Consulting Agreement with Barry Migliorini without requesting any re-numeration.[10] AHIT merged with Corix Bio-science (CXBS) on March 14, 2017 and changed company focus to develop proprietary cannabis and industrial hemp strains.[11] On February 26, 2016 Migliorini spoke at the Alternative Asset conference in Miami as an expert in blockchain technology and Cannabis.[12] For the second consecutive year Barry Migliorini was listed as one of the wealthiest people with ties to Fountain Valley possessing a net worth of $650,000,000 [13] [14]
Legal Matters
In May 1998 Migliorini was a co-defendant along with Andrew Shoemaker, and Alan C. Greenberg "Ace" in a fraud, churning and unauthorized trading case. Migliorini who held a 24 license was additionally accused of "failure to supervise". In total including attorney fees, interest and punitive damages the plaintiff was seeking over $1,000,000 in relief. The defendants prevailed in its entirety and the case was expunged from Migliorini's CRD record.[15]
In 2020 Migliorini was named as defendant in cases filed by The State of California and The Securities and Exchange Commission. Migliorini the former CEO of the now-defunct Wellness Matrix Group Inc., reached a settlement with the Los Angeles City Attorney's office, resolving allegations of illegal business practices. The settlement included no admission of liability, a civil penalty of $500,000, and restitution of $18,000, with Migliorini stating that the final amount could be reduced to under $4,000. He cited the cost-effectiveness of settlement over trial as a deciding factor. The case included a default judgment against George Todt, former Vice President of Business Development for Wellness Matrix, amounting to $2 million in penalties. Migliorini cooperated with the investigation, emphasizing his efforts to ensure refunds and asserted that the minor penalties reflected his limited involvement. Migliorini was also dismissed from the case brought by the Securities and Exchange Commission, while Todt and Wellness Matrix Group Inc. remained defendants. [16]
In 2022, jewelry designer Steven Zale filed a police report alleging that businessman Migliorini had stolen a 478.45-carat ruby, accusing him of grand theft under California Penal Code 487(A). Migliorini contended that he had provided Zale with substantial loans and that the ruby had been given to him as collateral. Following the allegations, Migliorini voluntarily surrendered to the authorities. The district attorney dismissed all charges after discovering that Zale had committed perjury by falsely denying he had three prior felony convictions. In the aftermath of the dismissal, Migliorini claimed that Zale financed the publication of defamatory and false articles about him. As a result, Migliorini initiated legal action, filing a $100 million lawsuit in the Superior Court of California, County of Los Angeles. The lawsuit alleges defamation and conspiracy against multiple defendants, including Steven Zale, GoDaddy, and the County of Los Angeles. Court filings show Migliorini is still in possession of the Ruby. [17]
Coaching career
Prior to coaching in the ABA Migliorini was an assistant coach at NCAA Division II California State University, Los Angeles under coach Stephen Thompson (basketball).[18] In 2014 Migliorini was named a top 20 assistant college basketball coach by college sports madness.[19]
Before coaching basketball Migliorini was a high school cross country running and track and field coach at Fountain Valley High School in Fountain Valley California and Buena Park High School.[18] His cross country teams were ranked in the top-25 nationally for five consecutive years, from 2002-2007. In 11 years, he had 60 student-athletes earn college athletic scholarships, and coached four student-athletes to Footlocker All-America honors.[18][20] Migliorini was the high school coach of Nicholas Arciniaga who has finished as the top American runner at Boston, Los Angeles, Houston, and Minnesota Marathons.[21][22][23] Migliorini was the subject of criticism for his high mileage coaching tactics.[24]
Most recently Migliorini was the head Womens Basketball coach at Golden West College in California where he built a high-powered offensive program, establishing the team as one of the top-scoring units in the nation. In their second season, the team stormed to a 10-2 start while averaging an impressive 92 points per game before the COVID shutdown. Under Miglliorinis leadership, Golden West led the nation in scoring heading into the Christmas break in both 2022 and 2023 while also leading the state of California in 100-point games during those seasons. [25]
References
- ^ "Advantage Link Sports Management Selects Barry Migliorini as ABA Pro Summer League Head Coach". PRLOG Press Release Distribution. July 10, 2014.
- ^ "Staff". California Dream Basketball Team. August 14, 2014. Archived from the original on 2014-08-14.
- ^ Steve Grimley (September 18, 1987), Trojan Cross Country Team has Youth and Experience, Orange County Register
- ^ Doug Speck (September 9, 2006). "DyeStatCal Girls Coach of the Week Barry Migliorini". DyeStat.
- ^ "Personnel Moves". Street and Smiths Sports Business News. May 4, 1998. Archived from the original on December 23, 2017. Retrieved December 23, 2017.
- ^ Squar, Milner, Reehl & Williamson (January 9, 2006). "Registration Statement under the Securities Act of 1933" (PDF). Securities and exchange commission.
{{cite news}}
: CS1 maint: multiple names: authors list (link) - ^ Joyce, James (November 6, 2014). "Aethlon Medical Announces Undetectable Ebola Virus in Patient Treated with Hemopurifier® Therapy". PR News Wire.
- ^ "American Housing Income Trust, Inc". NY Times. September 18, 2015.
- ^ "OTC Markets". September 18, 2015.
- ^ Howard, Jeff (December 4, 2015). "American Housing Income trust". Securities and Exchange Commission.
- ^ "American Housing Income Trust Announces Acquisition Of Cannabidol [sic] (CBD) Company IX Biotechnology". PR News Wire. March 14, 2017.
- ^ "Alternative Investment Conference Miami Speakers". February 23, 2018.
- ^ Nguyen, Joseph (September 7, 2017). "Fountain Valley Wealthy 25".
- ^ Nguyen, Joseph (December 24, 2018). "Fountain Valley Wealthy 25".
- ^ Granas, Robert (May 8, 1998). "Mark landau, Claimant v. Providential Securities, Bear Stearns, Andrew Shoemaker, and Barry Migliorini" (PDF). NASD Regulation.
- ^ (U.S. District Court for the Central District of California August 10, 2020), Text.
- ^ "Case Details for Barry Migliorini". UniCourt. Retrieved March 11, 2025.
- ^ a b c Paul Helms. "2013-14 CAL STATE L.A. MEN'S BASKETBALL" (PDF). California State Los Angeles Athletics. Retrieved July 10, 2014.
- ^ "College Basketball's Top Assistants 2013-14". College Sports Madness. April 12, 2014.
- ^ "Harrier XC: Home of the National Rankings". World Running IAAF. Retrieved August 1, 2007.
- ^ Connie Jankowski (May 9, 2011). "FV Native making tracks on Marathon Circuit". Planck LLC d/b/a Patch Media.
- ^ Dan Arritt (October 24, 2000). "Barons Renovation is Right on Track". Los Angeles Times.
- ^ David Monti (April 13, 2012). "American Nick Arciniaga Hopes for Boston Marathon Success". LetsRun.com.
- ^ Eugene Fields (September 20, 2005), Baron's Mileage a Concern, Orange County Register
- ^ "Golden West College Athletics – Women's Basketball". Retrieved March 11, 2025.
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