Armstrong, SCA Promotions settle, says British paper

Armstrong actually sued the company’s chief executive, Bob Hamman, in 2004 after SCA withheld a payment of 5 million dollars over the doping allegations.

“I’m pleased to have this matter behind me and I look forward to moving on”, Armstrong said on the issue.

He was ordered to pay it back after losing a lawsuit in February.

An arbitration concluded Armstrong should be paid as long as he was the “official winner” of his Tours, but the 2012 stripping of his titles by the UCI prompted SCA to demand repayment of money paid.

The disgraced cyclist settled a dispute with SCA Promotions, the Dallas company that had been demanding a $10 million payback for money Armstrong had taken while lying under oath, insisting in a 2005 deposition that his Tour de France wins weren’t fueled by performance enhancing drugs and methods.

– Meanwhile, the federal government continues to pursue a civil fraud case against Armstrong on behalf of the U.S. Postal Service, which sponsored his cycling team from 1998 to 2004.

That action was later joined by the US Department of Justice and could cost Armstrong up to $100 million if it goes against him.

Landis, who was stripped of his 2006 Tour de France victory because of doping, is scheduled to be deposed on Monday.

Armstrong claimed victory at that time, but the case ultimately helped lay the foundation for his future demise.

The SCA dispute was just one of several to hit Armstrong since his admission to doping.

Even then, Armstrong’s attorney, Tim Herman, remained defiant about SCA Promotions.

“Perjury must never be profitable”.

After Armstrong’s confession in 2013, SCA sought to have that decision reversed. A recent trailer promoting the film shows Hoffman portraying Hamman, the company’s founder.