[totalZero]

Forget what you believe would benefit them in the long term. That's not how business works.

If you truly believe they did something nefarious to stiff the guys at the bottom of the cap structure, and it was a fairly sizable chunk of money, you (solo, not with your ex-coworkers) could take whatever documents you've got and briefly consult with a lawyer. Just an idea from someone who has never been in your situation. I've hired a lawyer (something which I am not) to bite back at people who tried to screw me a couple of times. May be futile in your situation, IDK. You have to figure out if it's really your money they're paying out, and whether there's a basis to argue that the directors violated a fiduciary duty to you.