Yes, he couldn't manage the drug, company, or process...all the way to the bank. The man was hailed on this site as a hero time and time again, up until his ouster, and now he's just a well-meaning, bumbling optimist who got rich while investors fried based on his statements? No, not buying that.
You'd make a great public defender for him, but the man is guilty because when in his position as CEO, he has a fiduciary duty to shareholders to not do what he did. I don't think this ends well for him.