Lance Armstrong settles long-running dispute over pay bonus in Texas (Reuters)
By Lisa Maria Garza DALLAS (Reuters) – Disgraced cyclist Lance Armstrong has settled a lawsuit and apologized to an insurance company that paid him over $10 million in bonuses before he admitted he used performance-enhancing drugs, a lawyer for the firm said on Monday. Dallas-based SCA Promotions for years has been trying to recoup the money it paid Armstrong for his victories in the Tour de France, arguing the accomplishments were tainted and built on lies. The terms of the settlement are confidential but the agreement “was mutually acceptable to both parties,” SCA attorney Jeff Tillotson said. “I am pleased to have this matter behind me, and I look forward to moving on,” Armstrong said in a statement, provided by his agent.