Lance Armstrong Settles Fraud Case for $5 Million

As we have previously reported, Lance Armstrong has been battling a dispute with former teammate, Floyd Landis, and the United States Postal Service (USPS) over his illicit use of performance-enhancing drugs (PEDs), which has apparently cost the government millions in undue sponsorship costs. On April 29, 2018, Armstrong agreed to settle the issue for $5 million, although the USPS initially sought close to $100 million. Of that $5 million, Landis is expected to receive $1.65 million.

The stir initially began in 2006, when Armstrong …

August 31, 2016 Litigation

Fight Between Armstrong and USPS Reaches Pivotal Junction

The legal battle between Lance Armstrong and the United States Postal Service (USPS) has reached a pivotal point, with a report saying a ruling is expected soon on whether the case will proceed to trial or be thrown out at the summary judgment stage. In its claim, the government claims that USPS paid $32.3 million to sponsor Armstrong’s team, and also paid Armstrong $17 million while spending almost $40 million appearing as the main title sponsor on several of Armstrong’s teams. The government is seeking …