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2 Lance Armstrong associates settle whistleblower lawsuit by Floyd Landis for $500,000

12/19/2014 06:08 EST | Updated 02/18/2015 05:59 EST
AUSTIN, Texas - Two of Lance Armstrong's longtime business partners have agreed to pay the federal government $500,000 to settle a whistleblower lawsuit filed by former teammate Floyd Landis.

Notice of the agreement with Bill Stapleton, Armstrong's longtime agent, and Bart Knaggs, one of Armstrong's business partners, was filed this week in federal court documents. They also have agreed to pay Landis' attorney, Paul Scott, $100,000.

Landis sued Armstrong and others in 2010, accusing them of doping offences and defrauding the government over the U.S. Postal Service's sponsorship of Armstrong's team. The government in 2013 joined the lawsuit against Armstrong and is seeking up to $100 million in penalties, but hadn't joined the case against Stapleton and Knaggs.

The government must still approve the proposed settlement. The lawsuit against Armstrong continues.

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