Former Saints Teammates File Suit Over Investment

Discussion in 'New Orleans Saints' started by SRW, Mar 8, 2010.

  1. SRW

    SRW Ex-World's Worst Site Admin

    Saints player Jeremy Shockey and former player Charles Grant are suing ex-teammate Kevin Houser over an investment worth hundreds of thousands of dollars tied to a defunct movie studio. Shockey and Grant paid for what they thought would be state movie industry tax credits returning $1.33 for each dollar they invested but state officials say the CEO of Louisiana Film Studios LLC never applied for the credits and investors' money was never returned. In a lawsuit filed Friday in federal court, Grant and Shockey say they lost a combined $510,000.

    Source: Associated Press
     
  2. rebelwr88

    rebelwr88 Rookie

    never trust the long snapper