An arbitration panel ordered Lance Armstrong and Tailwind Sports Corp. to pay $10 million in a fraud dispute with a promotions company for what it called an 'unparalleled pageant of international perjury, fraud and conspiracy' that covered up his use of performance-enhancing drugs. Dallas-based SCA Promotions announced the 2-1 decision against the former cyclist when its lawyers said Monday they had asked Texas' 116th Civil District Court in Dallas to confirm the arbitration ruling, dated Feb. 4. The panel included a neutral chairman, who ruled in favor of SCA, and one person selected by each side. SCA paid Armstrong and Tailwind, the since-dissolved team management company, about $12 million in bonuses during Armstrong's career, when he won seven Tour de France titles. Those victories were stripped after Armstrong and his U.S. Postal Service teams were found to have used banned performance-enhancing drugs.
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Dallas-based SCA Promotions announced the decision against the former cyclist on Monday
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SCA paid Armstrong and Tailwind, the since-dissolved team management company, about $12 million in bonuses during Armstrong's career
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The firm disputed the bonuses in arbitration in 2005, and the case produced the foundation of the doping evidence later used against him
Despite allegations of cheating, @placeholder continued to deny doping and the company settled with Armstrong and paid him $7 million inj 2006.