Client Highlight: Thomas Weisel
S&C helps client Thomas W. Weisel break away from the pack and steer clear of a lawsuit that is captivating the world of professional cycling.
This sort of case doesn’t roll into the office every day. It had it all: An iconic sports star, scandal, a high-profile whistleblower and the United States Postal Service (USPS). The team at Sullivan & Cromwell stepped in to help its client Thomas W. Weisel break away from the pack and steer clear of a lawsuit that is captivating the world of professional cycling.
In 2010, former USPS cycling team member and one-time Tour de France champion Floyd Landis brought a whistleblower suit on behalf of the United States government against Lance Armstrong, the team and several other individuals associated with the team, including Mr. Weisel. The lawsuit, brought under the aegis of the False Claims Act, alleged that the team had fraudulently received more than $42 million from the USPS, its major sponsor. The claim? The defendants never revealed the alleged doping going on among the team’s cyclists, including Mr. Armstrong, to its sponsors.
S&C scored a crucial win, following a two-and-a-half-year investigation into Mr. Landis’s allegations, when the Justice Department decided to intervene in the case against Mr. Armstrong and other named defendants but elected not to intervene in the case against Mr. Weisel. S&C then secured the dismissal of the claims Mr. Landis had asserted against Mr. Weisel.