Oh please!...Whatever Woodford's role he wouldn't put a guy like this in place if he were part of the shenanigans. I am shocked, however, how easily he gave up and what little he felt he owed his fellow shareholders. That's a bad on him, imo.
This is exactly who I'd hire to get to the bottom of it:
ELLIOTT LEARY is the Office Coordinating Partner for KPMG LLP's Forensic practice in the Washington D.C. office. He has 30 years of experience conducting investigations as a Special Agent with the FBI and as a forensic accountant with KPMG. Elliott conducts fraud and misconduct investigations and risk assessments for leading national and multi-national corporations as well as for public and not-for-profit entities. He assists in the prevention and deterrence of fraud through the evaluation, development and implementation of anti-fraud programs and controls. Since joining KPMG, Elliott has conducted forensic investigations on behalf of various clients including: a highly confidential independent investigation, with counsel, on behalf of the Audit Committee of a multi-national corporation. This investigation focused on identifying direct and indirect payments made by company personnel that may be subject to the Foreign Corrupt Practices Act and other US statutes; an international finance and accounting investigation on behalf of a US Fortune 500 company alleging improper payments made by a subcontractor that were subject to the Foreign Corrupt Practices Act; an investigation on behalf of management into the transactions at an international financial institution to test for compliance with various Federal Anti-Money Laundering Regulations. This investigation involved creating a process for identifying and evaluating suspicious transactions as well as recommending actions to ensure compliance with the appropriate statutes. Based on whistleblower allegations of potential fraud and misconduct, Elliott conducted a forensic investigation into the management of a not-for-profit organization on behalf of the Board of Directors. The focus of the investigation included the abuse of company funds and undisclosed related-party transactions as well as other abuses of integrity and potentially fraudulent acts. Mr. Leary has made numerous presentations to the Department of Justice and the Securities and Exchange Commission on behalf of clients relating to the FCPA and other federal statutes. Mr. Leary was also requested to provide financial investigations training to DOJ trail attorneys, FBI agents, and to the SEC. Mr. Leary has served as the chairman of the AICPA's Fraud Advisory Group, on the Litigation and Dispute Resolution Subcommittee and the AICPA Anti-Fraud Coordinating Committee. He has lectured to private organizations and law enforcement agencies throughout the U.S. and internationally. Mr. Leary has been honored with numerous awards and citations from the Department of Justice, FBI and other law enforcement agencies.
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