SCA Promotions Inc. News

SCA Promotions Wins March Madness Prize Insurance Fight Against Yahoo

Yahoo Inc. owes a prize promoter $5.5 million for backing out of a contract to pay $1 billion for predicting every winner in the 2014 NCAA men’s basketball tournament, and entering a similar contract with Quicken Loans Inc. and Warren …

Yahoo to Pay $5.5M After Breaking NCAA Tournament Bracket Deal

Yahoo Inc owes a prize promoter $5.5 million for backing out of a contract to pay $1 billion for predicting every winner in the 2014 NCAA men’s basketball tournament, and entering a similar contract with Quicken Loans Inc and Warren …

Armstrong Appeals to Texas Supreme Court to Halt Insurer Lawsuit

Lance Armstrong has asked the Texas Supreme Court to stop a Dallas company from trying to force him to pay back about $12 million in bonuses it paid him for winning the Tour de France. SCA Promotions sued Armstrong last …

Texas Judge Rules Against Armstrong in Fight over Insured Bonuses

A Texas judge has rejected Lance Armstrong’s request to stop an arbitration panel from reviewing $12 million in bonuses the cyclist was paid before admitting he used performance-enhancing drugs. Judge Tonya Parker declined to stop the panel from considering whether …

Dallas-Based Prize Insurer Sues Lance Armstrong for $12M

A Dallas-based firm that specializes in insuring promotions and prizes has filed suit against Lance Armstrong seeking to recoup millions in prize money awarded to the former professional cyclist for winning the Tour de France beginning in 2002 through 2004. …