Arbitration Panel Sanctions Lance Armstrong for Lying Under Oath in Previous Arbitration
Today, a tri-partite arbitration panel sanctioned Lance Armstrong $10 million, ordering him to pay that amount to a prize insurer (who insures price incentives for athletes), as punishment for lying under oath about doping during a previous arbitration among the same parties. SCA Promotions, Inc., the insurer, seeks confirmation of the award in a Texas … Continue reading Arbitration Panel Sanctions Lance Armstrong for Lying Under Oath in Previous Arbitration