Ex-Saint Should Arbitrate Securities Fraud Suit: 5th Circ.

Law360, New York (March 23, 2012, 8:29 PM EDT) -- The Fifth Circuit on Friday vacated a lower court’s ruling and found that former New Orleans Saints punter Mitch Berger should arbitrate his dispute with a former teammate over a soured investment in a now-defunct film company because his contract containing an arbitration clause is valid.

A three-judge panel said that Berger’s contract with Brecek & Young Advisors Inc. when he opened his securities brokerage account, for which former New Orleans Saints snapper Kevin Houser was BYA’s registered representative, was still valid because there was enough...
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