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SBD/November 15, 2012/People and Pop Culture
Livestrong Drops Lance Armstrong's Name From Foundation's Formal Title
Published November 15, 2012
FIRST OFFER: ROOPSTIGO.com’s Selena Roberts reported Armstrong’s lawyers last Thursday met with Dallas-based insurance company SCA Promotions “in a step to stanch the doping scandal.” A source said that Armstrong “might be open to making SCA ‘whole.’” Sources said that the suggestion by Armstrong’s team of paying $1M “fell flat with SCA officials.” Roberts reported "their number is closer" to $11M. But it is a “notable shift by Armstrong to even hint at reparation.” This may be “a tryout at receptiveness with civil filings on the horizon from corporate partners and a whistleblower, all of whom want to claw back millions paid to Armstrong” (ROOPSTIGO.com, 11/12).