Litigation Summary

UIA Press Release News Update: Press Release from United Inventors Association Date: Thu, 10 May 2001 Press Release American Inventors Corp. which was originally exposed on WGGY TV-40 “On Your Side” and then on ABC News 48 Hours in 1995, goes on trial Monday, May 14, 2001, in US District Court, Springfield, MA. This prosecution, led by Assistant U.S. Attorney William M. Welch, marks the first federal criminal action against a company whose business is to help inventors promote their ideas, according to the Federal Trade Commission. Ronald Boulerice, 62, who was president of the company, and other high-ranking employees are scheduled to go on trail May 14 for mail fraud and other crimes. The trial is expected to last two months. Boulerice, of Westfield, MA; John Samson, 61, of Hatfield, MA, a former vice president; and John Hoime, 51, also of Westfield, a sales manager, will be tried before U.S. District Judge Michael A. Ponsor. Besides facing charges of mail fraud, the three are accused of money laundering and Samson and Boulerice with filing false income tax returns. They have all pleaded innocent. Update: The 10 top management officials plead guilty to numerous federal felonies and were sentenced accordingly.

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