FILE PHOTO: U.S. Postal Service Team rider Lance Armstrong of the United States raises his arms as he crosses the finish line to win the 204.5 km long 17th stage of the Tour de France from Bourd-d'Oisans to Le Grand Bornand, France, July 22, 2004. REUTERS/Wolfgang Rattay/File Photo
(Reuters) - Former cycling champion Lance Armstrong on Thursday agreed to pay $5 million to settle a federal suit claiming he defrauded his sponsor, the U.S. Postal Service, by using performance-enhancing drugs, his attorney and federal officials said.
The settlement ends the long-running false claims suit brought by fellow cyclist Floyd Landis and joined by the U.S. government, which had sought $100 million in damages on behalf of the Post Office, according to statements from Armstrong's attorney, Elliot Peters, and the U.S. Department of Justice.
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