Judge Won't Punt Ex-Saint Berger's Securities Fraud Suit

Law360, New York (February 15, 2012, 8:16 PM EST) -- A Louisiana federal judge refused Wednesday to toss one of multiple lawsuits accusing a former New Orleans Saints snapper of drawing teammates into an investment scheme surrounding a now-collapsed film company and of concealing his financial stake in the business.

U.S. Judge Helen G. Berrigan denied Kevin Houser's motion to dismiss the lawsuit that Mitch Berger, the team's former punter, filed against him and Securities America Inc., the investment firm where Houser had a broker's license, over a $250,000 investment with Louisiana Film Studies LLC. The...
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