THE BILLIONAIRE’S SUIT

Chapter 13

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"An internal risk report, a legal memorandum, and a summary of the supplementary audit."

Adrian looked at Michael.

"Was the original audit attached to the summary?"

Michael shook his head.

"Not in the copy we have located."

Richard continued.

"I later learned that some of the figures in the risk report had been changed. I should have investigated. I did not."

"Who changed them?"

"I don't know."

"Who had access?"

Richard looked down.

"The corporate strategy department, the legal department, and the acquisition team."

"Victoria Hayes was in corporate strategy."

"Yes."

"And who else?"

Richard hesitated.

"Ethan Blackwood was a junior analyst assigned to the project."

Adrian felt the pieces shifting into place.

"What was his role?"

"He prepared preliminary financial comparisons. He did not have authority to approve the final report."

"But he had access to the numbers."

"Yes."

Adrian walked to the window.

For a moment, he saw the factory where his father had worked alongside employees whose names he still remembered.

He saw the empty production lines after the bankruptcy.

He remembered the creditors calling, the employees asking whether their final wages would be paid, and his father sitting at the kitchen table trying to understand how decades of honest work could disappear in a matter of weeks.

Adrian turned back.

"I want an independent investigation."

Richard nodded.

"You shall have one."

"Not a committee appointed entirely by Whitmore executives. An external investigation with authority to examine the records and interview former employees."

"Agreed."

"And I want the board informed that the company has discovered inconsistencies in the historical files."

Michael shifted in his chair.

"That could create legal exposure."

Adrian looked at him.

"If the records reveal misconduct, the company already has legal exposure. Concealing the problem won't make it disappear."

Michael said nothing.

Richard stood.

"Adrian is right. The board will be informed."

Adrian gathered his folder.

"Then we have a starting point."

As he reached the door, Richard called after him.

"Adrian."

He turned.

"I know you have every reason to distrust me."

Adrian waited.

"I cannot undo what happened to your father. But I can make sure the people responsible no longer benefit from his destruction."

Adrian studied him.

"Then don't promise me anything."

Richard nodded.

"Just do it."

Adrian left the room.

For the first time in twelve years, the investigation had the support of the company's chairman.

But that support would not last unless Richard was prepared to confront the people who had helped him build the empire.

And Victoria Hayes had no intention of allowing that confrontation to happen on Adrian's terms.

The announcement arrived two days later.

Whitmore International would hold an extraordinary shareholder meeting to discuss the Northstar acquisition, the company's strategic direction, and several proposed changes to its executive structure.

The meeting was scheduled for Friday morning.

Victoria Hayes immediately recognized the opportunity.

If the board approved the acquisition before the investigation uncovered the full financial connections, Ethan could secure control of the company's logistics division and strengthen his private investment position.

If the board rejected the acquisition, Victoria would need another way to protect herself.

Either outcome depended on Adrian.

She entered Ethan's office without knocking.

"The shareholder meeting is our last opportunity to control the narrative."

Ethan looked up from his computer.

"How?"

"We question Adrian's independence before he presents his findings."

"Richard will object."

"Then we make it difficult for him to defend Adrian."

Ethan closed his laptop.

"What have you found?"

"Adrian's investment company holds interests in several distressed manufacturing businesses."

"That isn't unusual for an investment adviser."

"No, but it creates an opportunity. We suggest that he could benefit from delaying the Northstar acquisition because his own investments compete for the same capital."

"Do his investments actually compete with Northstar?"

"Not directly."

"Then it won't survive scrutiny."

"It doesn't need to survive forever. It needs to create enough uncertainty for the shareholders to question his motives."

Ethan considered the proposal.

"Who will raise the issue?"

"Martin Shaw. He has already expressed concerns about the review process."

"Will he agree?"

"He will if he believes the company's reputation is at risk."

Ethan smiled.

"And what happens if Adrian produces evidence?"

Victoria's expression hardened.

"Then we make sure the evidence appears incomplete.


On Thursday afternoon, Adrian received a formal notice that his appointment as independent adviser would be reviewed at the shareholder meeting.

The notice listed three concerns.

Potential conflicts of interest.

Insufficient disclosure of investment relationships.

Questions regarding the scope of his investigation.

Adrian read the document in silence.

Daniel was sitting opposite him in the apartment.

"They're trying to discredit you before you can present the findings."

"Obviously."

"Can they remove you?"

"Possibly. But the review is already underway, and the board has a legal obligation to examine the discrepancies."

Daniel leaned forward.

"Then we need to prepare."

Adrian opened his laptop.

"Let's prepare."

For the next four hours, they assembled a clear timeline of the Northstar valuation, the missing audit, and the historical documents connected to Cole Manufacturing.

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