The settlement puts to rest a legal battle that’s been raging for nearly eight years.
Thursday, seven-time Tour de France winner Lance Armstrong settled his blood doping lawsuit, filed by former teammate Floyd Landis. Armstrong agreed to pay the federal government $5 million. It seems it happened just in time, as the trial was scheduled for May 7.
The settlement puts to rest a legal battle that dragged both men through the mud in the public eye for almost eight years. The U.S. Postal Service had sponsored both Armstrong and Landis, and Landis alleged Armstrong defrauded the government by lying about his doping during his time with the team.
By agreeing to pay $5 million, Armstrong rid himself of a potential $100 million federal penalty. The case pitted him against Landis and the federal government, who alleged Armstrong violated the False Claims Act. On top of the settlement, he also agreed to pay Landis’s court fees, totaling $1.65 million.
Lance Armstrong Settles Lawsuit for $5 Million
