Counsel for a publicly-traded company was alerted by a whistleblower that executives of a division of the company were engaged in misappropriation of company assets and fraudulent project billing as they were establishing their own competitive business outside of the company. The company brought claims to recover its assets and losses. Axium was engaged to perform a substantive forensic accounting review which included extensive review of accounting and billing records of project files, forensic examination of computers, and analysis of company equipment and supply inventories. We also conducted research of public records and interviewed many former and current employees who worked directly on the pertinent projects. Our work substantiated the claims. Axium played a direct role in supporting the company’s position in settlement negotiations, and our findings provided the basis for the favorable settlement researched by the company.