
FILE PHOTO: U.S. Postal Service team leader Lance Armstrong (R) of the USA looks at a French gendarme before boarding the plane which takes the riders from Grenoble to Perpignan for the transfer stage of the Tour de France cycling race in Grenoble, France, July 19, 2001. REUTERS/Pool/File Photo
April 19, 2018
(Reuters) – Former cycling champion Lance Armstrong on Thursday agreed to pay $5 million to settle a federal suit claiming he defrauded his sponsor, the U.S. Postal Service, by using performance-enhancing drugs, his attorney said.
The settlement ends the long-running false claims suit brought by fellow cyclist Floyd Landis and joined by the U.S. government, which had sought $100 million in damages on behalf of the Post Office, according to a statement from Armstrong’s attorney, Elliot Peters.
(Reporting by Bernie Woodall in Fort Lauderdale, Fla.; Editing by Sandra Maler)