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Jeremy Shockey settles lawsuit

Updated: June 10, 2013, 3:41 PM ET
Associated Press

NEW ORLEANS -- Former New Orleans Saints tight end Jeremy Shockey has reached a settlement with a former teammate he sued over a bogus investment deal.

A court filing Monday says Shockey and former Saints defensive coordinator Gary Gibbs both resolved their claims against former Saints long snapper Kevin Houser. Terms were confidential.

Several teammates and coaches sued Houser for allegedly advising them to invest roughly $1.9 million to buy nonexistent tax credits from a defunct ...

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