Cycling: Armstrong faces two new lawsuits
Armstrong committed fraud by using performance enhancing drugs, claims Nebraska-based Acceptance Insurance Company.
LOS ANGELES:
Lance Armstrong was facing two more lawsuits on Friday spawned by his admission that all seven of his Tour de France victories were fueled by banned drugs.
The Nebraska-based Acceptance Insurance Company sued Armstrong and Tailwind Sports Corporation, claiming he committed fraud by concealing his use of performance enhancing drugs during the 1999, 2000 and 2001 Tours.
“By his cheating and deception, Armstrong committed fraud,” stated the lawsuit filed in Travis County Court in Austin, Texas.
“This suit seeks repayment of $3 million in undeserved an unearned pay Lance Armstrong obtained by fraud.”
The payment cited was a $3 million bonus paid to Armstrong for his first three Tour victories.
Published in The Express Tribune, March 3rd, 2013.
Lance Armstrong was facing two more lawsuits on Friday spawned by his admission that all seven of his Tour de France victories were fueled by banned drugs.
The Nebraska-based Acceptance Insurance Company sued Armstrong and Tailwind Sports Corporation, claiming he committed fraud by concealing his use of performance enhancing drugs during the 1999, 2000 and 2001 Tours.
“By his cheating and deception, Armstrong committed fraud,” stated the lawsuit filed in Travis County Court in Austin, Texas.
“This suit seeks repayment of $3 million in undeserved an unearned pay Lance Armstrong obtained by fraud.”
The payment cited was a $3 million bonus paid to Armstrong for his first three Tour victories.
Published in The Express Tribune, March 3rd, 2013.