Lance Armstrong Settles High-Profile Fraud Case on Eve of Deposition by GBKH
On November 20th, cyclist Lance Armstrong settled a $3 million fraud case filed by GBKH on behalf of the Nebraska-based Acceptance Insurance Company, just one day before he was scheduled to give sworn testimony on his use of performance-enhancing drugs. Acceptance had paid Armstrong performance-related bonuses under the terms of an insurance policy, and GBKH accused the cyclist of defrauding its client by concealing his drug use…. read more
25Nov