Lance Armstrong being sued, company wants $500,000 returned

FILE - In this Feb. 15, 2011, file photo, Lance Armstrong pauses during an interview in Austin, Texas. (AP Photo/Thao Nguyen, File)

AUSTIN (KXAN) — The fallout from Lance Armstrong’s doping confession is far from over. On Tuesday, the Fireman’s Fund Insurance Company and IMA Financial Group filed a lawsuit in Travis County seeking to recover bonuses they paid to Armstrong.

According to court documents, the plaintiff claims Armstrong fraudulently concealed that he violated the race rules for the 1999 Tour de France by taking performance-enhancing drugs.

In the original contract, after winning the Tour de France, the company paid Armstrong $500,000 in bonuses. They are hoping to recover that amount.

In 2012, the U.S. Anti-Doping Agency exposed Armstrong’s cheating. Armstrong confessed to the public about his doping in a 2013 interview with Oprah Winfrey. Once that happened, numerous corporate sponsors and partners cancelled their contracts with Armstrong.

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