Lance Armstrong settles federal lawsuit for $5 million

Lance Armstrong and his attorneys have come to a settlement with the United States government and Floyd Landis in the False Claims Act lawsuit, rather than go to trial on May 7.

“I am glad to resolve this case and move forward with my life,” Armstrong said in a press release. “I’m looking forward to devoting myself to the many great things in my life – my five kids, my wife, my podcast, several exciting writing and film projects, my work as a cancer survivor, and my passion for sports and competition. There is a lot to look forward to.”

In the terms of the settlement, Armstrong agrees to pay $5 million USD to the United States government and $1.65 million to Landis to cover his legal fees and expenses, but according to the agreement, the settlement “is neither an admission of liability by Armstrong nor a concession by the United States or Relator [Landis – ed.] that their respective claims are not well founded.”

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Landis filed the ‘whistleblower’ suit under the False Claims Act, which allows citizens to sue individuals for defrauding the government, for doping activities that took place on Armstrong’s team when it was sponsored by the US Postal Service.

Armstrong denied the claims of doping when Landis filed the suit in 2010, but was later investigated and charged with multiple anti-doping rule violations by the US Anti-Doping Agency in 2012. He confessed to doping in January, 2013.

Following his confession, the US government joined the whistleblower suit, with attorneys on both sides going back and forth over the minutiae of the case for more than five years.

You can read more at Cyclingnews.com