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Promotions company to sue Armstrong

Updated: February 6, 2013, 6:49 PM ET
Associated Press

AUSTIN, Texas -- A Dallas promotions company says it will sue Lance Armstrong on Thursday to recover more than $12 million it paid him in bonuses for winning the Tour de France seven times.

SCA Promotions tried to withhold the bonuses in 2005 amid doping allegations against the cyclist. The company wants its money back, plus fees and interest, now that Armstrong has admitted he used performance-enhancing drugs and has been stripped of those victories.

Armstrong testified under oath ...

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