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Lance Armstrong

$10 million judgement

16 Feb, 2015

An arbitration panel in Texas orders Armstrong to pay prize-insurer SCA Promotions $10 million for lying under oath about doping. SCA’s president and founder Bob Hamman:

We are very pleased with this result. It is hard to describe how much harm Lance Armstrong’s web of lies caused SCA, but this is a good first start towards repairing that damage.