Originally posted on BlackSportsOnline  |  Last updated 6/10/13
  Drew Brees filed a lawsuit in federal court on Monday against former teammate Kevin Houser. According to USA Today the suit was filed on Brees’ behalf, and alleges that Houser advised Brees to invest $160,000 into tax credits from a defunct movie studio, which turned out to be bogus. Other Saints players and personnel invested into Houser’s scheme, totaling to about $2 million. Brees’ lawyer has attempted to negotiate out of court, but once negotiations couldn’t be reached there was no choice but to proceed in a lawsuit. On the same day Saints former  tight end Jeremy Shockey and former Saints defensive coordinator Greg Gibbs reached agreements in their cases vs Houser. Saints head coach Sean Payton settled his case back in May, while defensive end Charles Grant has a pending lawsuit. Wayne Read, the operator of the defunct film studio which was supposed to obtain the tax credits was sentenced to 4 years jail time after pleading guilty to fraud charges. Houser however, is not facing any charges.  
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Andre Johnson agrees to two-year deal with Titans

Redskins GM injures hand punching wall in frustration

Report: Aldon Smith checks into rehab

McCarthy discusses 'urgency’ to win another title with Rodgers

Report: Lions extend CB Darius Slay with $50 million deal

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Adam Jones: Bengals dominated Steelers in playoff game

Robert Griffin III on QB battle: Only one of us runs 4.3

Gordon defends friendship with 'good friend' Manziel

Geno Smith ‘kind of pissed off’ about Ryan Fitzpatrick’s return

Bell admits he knew about missed drug test, lied to media

Report: Chargers rookie Joey Bosa to hold out of camp

Hockey team unveils Clinton, Trump bobbleheads

Bennett compares chemistry with Pats QBs to his love life

Crowell still making amends for controversial Instagram post

Report: LeBron urged Justin Bieber not to perform at RNC

Luck refutes Matt Hasselbeck’s assertion he never showers

Newspaper editor explains use of Jordan meme for MJ article

Five NFL teams set to underachieve in 2016

WATCH: Belichick gets annoyed by Jimmy Garoppolo question

Ronda Rousey denies being pregnant despite rumor

Eight most overpaid offensive players in NFL

Giants acquire All-Star Eduardo Nunez from the Twins

Vikings QB injured trying to kick open door

NFL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Everything that's already gone wrong at the Rio Olympics

Amar'e Stoudemire's presence (and absence) changed the NBA

We asked Team USA: What other Olympic sport would you play?

Why Gary Bettman's CTE denial is cause for concern for NHL

WATCH: Inside the Nike SNKRS BOX in SF for Golden Air Celebration

WATCH: Five other uniforms Chris Sale should cut up

QUIZ: Name every Olympic event in which the USA has never won a gold medal

Five U.S. Olympians favored to win multiple gold medals

WATCH: What teams should join the Big 12?

One Gotta Go: Do NBA players really love NBA2K?

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker