Found July 24, 2009 on Online Sports Guys: Yardbarker Blogger Network
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((HT: New Orleans Times-Picayune/Sayre))A New Orleans Saints linebacker and two former players sued a film studio Thursday to try to get their money back from investments they say were never made. Current Saints linebacker Scott Shanle, former punter Mitch Berger and recently cut Saints long snapper Kevin Houser are seeking the return of $468,750 invested with the studio's head, Wayne H. Read. Read ((pictured, thanks Kathy Anderson/New Orleans Times-Picayune file)) was not named personally in the petition. They filed an involuntary bankruptcy petition against Louisiana Film Studios LLC, located in a New Orleans suburb. Coach Sean Payton, quarterback Drew Brees and Hall of Famer Archie Manning were among 27 people who bought what they thought were state film industry tax credits that promised a projected return of $1.33 for each dollar invested. A state official, however, said the studio never applied for them. The investments, which totaled $1.9 million, were due to be paid on...
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