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Company that paid Lance Armstrong's winnings wants money back (+video)

SCA Promotions, the company that paid cyclist Lance Armstrong $12 million in all for winning the Tour de France, said Monday it was considering legal action.

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A Texas promotional company that paid millions of dollars to Lance Armstrong for winning the Tour de France said on Monday it was considering legal action to get the money back after the American cyclist was stripped of his Tour titles.

Armstrong had his seven Tour de France victories nullified and was banned for life on Monday after the International Cycling Union (UCI) ratified the United States Anti-Doping Agency's (USADA) sanctions against him.

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