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Armstrong Settles Lawsuit
 

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Tom Price
Joined: 11 Jan 2004
Posts: 429
Location: Rochester, NY

4/19/18 3:42 PM

Armstrong Settles Lawsuit

We haven't had a thread about Lance in a long time. Lance's $100M lawsuit for defrauding the Postal Service was scheduled to start May 1st. Today he settled for $5M plus a cut for Landis.

https://usat.ly/2HOTJCE

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dan emery
Joined: 11 Jan 2004
Posts: 6037
Location: Maine

4/19/18 4:59 PM

Sound decision

So Lance pays a total of $6.65 million and Phloyd gets a total of $2.75 million (minuus legal fees, costs, etc). I think Lance was well advised to stay away from a jury on this one.

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Sparky
Joined: 08 Dec 2003
Posts: 16743
Location: Portland, OR

4/19/18 5:10 PM

So was it a net gain or loss?

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henoch
Joined: 12 Jan 2004
Posts: 1588

4/19/18 8:26 PM

Gain for Floyd....

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Sparky
Joined: 08 Dec 2003
Posts: 16743
Location: Portland, OR

4/19/18 9:32 PM

Ironically, FL will use some of the LA Settlement money to his own fraud case when he took moneys for the Floyd Fairness Fund.

The fund was established in 2007 to "support Floyd Landis against unsubstantiated doping allegations," among other things, federal prosecutors noted. But the federal government considered it fraud after he too confessed to doping, in 2010.

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henoch
Joined: 12 Jan 2004
Posts: 1588

4/20/18 7:07 AM

Look I am no Lance fan boy, but if ever there was a case of the pot calling the kettle....
I'm still waiting for my $20 back from Floyd.

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dan emery
Joined: 11 Jan 2004
Posts: 6037
Location: Maine

4/20/18 4:51 PM

Feesible settlement

Lance of course also had to pay his lawyers, and no way of knowing what that is, but I expect it's HUUUUGE. I think he had very good, expensive lawyers and they had to put in a ton of time.

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daddy-o
Joined: 12 Apr 2004
Posts: 3214
Location: Springfield

4/22/18 10:25 AM

Tour de Pharmacy

Lance Armstrong content.

Mockumentary / 39 minutes / not recommended / I couldn't finish a fourth of it. The cable company is wrapping up a free week of access to premium content. I ran across this in a search for "Tour de."

It's a fictionalization of the 1982 TdF. It actually starts off kind of funny where the race leader has a massive coronary at the top of a descent and no one noticed he was dead because he was in a tuck. After a few minutes it becomes comedy for comedy writers and I gave up. Comedy for comedy writers can get really dark and over the top.

What held my interest the longest was it has some archival flashes of what may well be the 1982 peloton, lots of TI/Raleigh red-yellow-black jerseys.

Lance Armstrong has a major role as an anonymous inside source talking about doping. Kevin Bacon, Jeff Goldblum and maybe another cameo or two. John Cena is one of the racers. Yeah, John Cena, a WWE wrestler mocking drugs in sports. Wikipedia has an article

My takeaway is people who hate bike racing and think it's full of dopers will turn the channel about the same time as people who like the sport. It's really trying to provoke a reaction, trolling I guess.

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Sparky
Joined: 08 Dec 2003
Posts: 16743
Location: Portland, OR

4/22/18 10:27 AM

Yeah, I tried to watch that.

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PLee
Joined: 08 Dec 2003
Posts: 3609
Location: Brooklyn, NY

4/23/18 7:12 AM

Lance's best defense was that the USPS got a lot more in value than they paid for. In this lawsuit, the USPS could prove fraud but couldn't prove damages. I suspect they didn't cover their legal fees in this settlement.

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