Ex-Bolar CEO Shulman
Executive Summary
Sentencing for Shulman's FD&C Act violations has been postponed from Sept. 25 to Oct. 27 to permit Justice Department to file charges for antitrust violations. The sentencing is scheduled to begin at 9:30 a.m. in Baltimore federal court. Shulman pled guilty last November to five counts of conspiracy, wire fraud, false statements to FDA and obstruction of an agency investigation. He could receive more than five years in jail and/or fines of $1.25 mil.