Friday, February 8, 2013

Insurance company to sue Lance Armstrong for millions in bonuses ...

The fallout from Lance Armstrong's admission that he used performance enhancing drugs and blood doping continues.

a sports insurance company that paid the disgraced former cycling champ more than $10 million in bonuses plans to file a lawsuit to recover its money, an attorney for SCA Promotions told CNN on Wednesday.

Jeffrey Tillotson said SCA has already asked Armstrong for the money back.

"We made our demand for the return of the money we paid him for winning the Tour de France races where the titles were stripped," Jeffrey Tillotson told CNN's Ashleigh Banfield. "Mr. Armstrong and his legal team have not complied with that demand."

Read more about the pending lawsuit here.

Armstrong admits doping in Oprah interview

Lawyer: Armstrong open to 'truth and reconciliation' commission, not USADA

Source: http://news.blogs.cnn.com/2013/02/06/insurance-company-to-sue-lance-armstrong-for-millions-in-bonuses/

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