$12 million in bonuses News

Armstrong Denied Appeal in SCA Promotions Lawsuit

The Texas Supreme Court on May 30 denied Lance Armstrong’s bid to block an insurance company’s efforts to recover about $12 million in bonuses it paid him during his career, setting the former cyclist on course to give sworn testimony …

Armstrong Loses Key Ruling in Bonus Money Fight with Insurer

A Texas insurance company that specializes in promotions and prizes is closer to forcing Lance Armstrong to return about $12 million in bonuses he was paid for winning the Tour de France while secretly using performance-enhancing drugs. In a key …