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 ...
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