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URGENT ¥¥¥ Cycling: Disgraced Armstrong faces two new lawsuits

Lance Armstrong was facing two more lawsuits on Friday in the wake of his admission that all seven of his Tour de France victories were fueled by banned drugs. The Nebraska-based Acceptance Insurance Company sued Armstrong and Tailwind Sports Corporation claiming Armstrong commited fraud by concealing his use of performance-enhancing drugs during the 1999, 2000 and 2001 Tours. Armstrong was also sued in federal court in Los Angeles on Thursday in a class-action lawsuit claiming Armstrong and FRS -- a maker of nutritional supplements -- engaged in false advertising.

Reuters Sports News Summary

Following is a summary of current sports news briefs. U.S. sues disgraced cyclist Armstrong for sponsor money

Reuters Sports News Summary

Following is a summary of current sports news briefs. U.S. sues disgraced cyclist Armstrong for sponsor money

US sues Lance Armstrong, alleges fraud of sponsor Postal Service

WASHINGTON, Feb 22 (Reuters) - The U.S. Justice Department said on Friday it has joined a civil lawsuit against disgraced cyclist Lance Armstrong, accusing him of defrauding the U.S. Postal Service by using banned substances in international races when the post was his sponsor. The decision came in a statement from department lawyers hours after an Armstrong lawyer said that talks had failed to dissuade the government from suing Armstrong. (Reporting by David Ingram; Editing by David Brunnstrom)

UPDATE 4-U.S. sues disgraced cyclist Armstrong for sponsor money

* Postal Service sponsorship valued at more than $30 million * "Years of broken promises" U.S. Attorney says * Postal Service benefited from sponsorship, defense says (Adds other cases, expert comment) By David Ingram WASHINGTON, Feb 22 (Reuters) - The United States accused cyclist Lance Armstrong on Friday of defrauding the U.S. Postal Service by taking its sponsorship money at the same time he was doping and using performance-enhancing drugs in violation of cycling rules.

URGENT ¥¥¥ US govt to join lawsuit against Armstrong: reports

The US Department of Justice decided Friday to join a doping lawsuit filed by one of Lance Armstrong's former teammates alleging that the disgraced cycling champion defrauded government sponsors. NBC News and the Wall Street Journal reported the government will add its weight to the suit and claim that Armstrong defrauded tax-payers by using performance-enhancing drugs while on the state-funded US Postal Service team. bur-jk/dc

US government to join lawsuit against Lance Armstrong: reports bur-jk/dc

Lance Armstrong lawyer says settlement talks fail in fraud suit

WASHINGTON, Feb 22 (Reuters) - Lance Armstrong has failed to convince the U.S. government to stay out of a fraud suit that attempts to recover sponsorship money from the banned cyclist, his lawyer said on Friday. "Lance and his representatives worked constructively over these last weeks with federal lawyers to resolve this case fairly, but those talks failed because we disagree about whether the Postal Service was damaged," lawyer Robert Luskin said in a statement. (Reporting by David Ingram; Editing by Vicki Allen)

Cycling: US firm sues Armstrong over bonus money

A US insurance firm on Thursday filed a lawsuit against disgraced cyclist Lance Armstrong seeking restitution of $12 million in bonus money paid to the American for his Tour de France triumphs. The Texas-based company, SCA Promotions, wants Armstrong to repay money the firm insured from his Tour victories in 2002, 2003 and 2004, after he was stripped of his record seven Tour titles last year.

Insurance firm sues Lance Armstrong over bonuses, attorney says js/sst
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