A sports promotion insurer may take legal action against cyclist Lance Armstrong after a U.S. anti-doping committee moved to strip him of his tour wins and offered mounds of evidence supporting claims of cheating.

Over the weekend, The New York Times reports that Armstrong could be sued by SCA Promotions to recoup $7.5 million the insurer paid out to cover a performance bonus for one of Armstrong's Tour de France wins.

The Times says the United States Anti-Doping agency report, released last week, detailed Armstrong's cheating and says he lied under oath during the SCA hearing.

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