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Armstrong sued for $12 million: Will Lance lose his victory bonus?

Lance Armstrong is being sued by a sponsor for $12 million in victory bonuses. His attorneys say the case has no merit, citing a settlement reached after Armstrong swore in court that he hadn't used performance-enhancing drugs.

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Lance Armstrong, seen here during his interview with Oprah Winfrey last month, is being sued for his Tour de France race winnings.

Courtesy of Harpo Studios, Inc. / George Burns / AP / File

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Disgraced cyclist Lance Armstrong on Thursday was sued by a company that paid him about $12 million for three of his seven Tour de France wins that have since been stripped from him for his use of banned drugs.

SCA Promotions Inc, in a suit filed in Texas state court in Dallas, alleges Armstrong and his management company, Tailwind Sports, defrauded SCA into paying Armstrong $12.1 million in bonuses and interest for his 2002, 2003 and 2004 Tour de France wins by lying about Armstrong's use of performance-enhancing drugs during those events.

Last month, Armstrong ended years of vehement denial and admitted in a televised interview with Oprah Winfrey that he had cheated his way to a record seven Tour de France titles through the use of banned, performance-enhancing drugs.

 
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