The fund manager was forced to resign after the BBC found evidence suggesting he broke investment rules - he denies any wrongdoing.
BBC Radio 4
Investor, Peter Turlick, said he isn't expecting to recover any of the more than £21,000 he invested into Neil Woodford's fund, which is being wound down.
By June, he had already lost a significant amount, he told Today.
"I thought out of that £21,000, perhaps I would get half of that back.," he said.
"Today, however, with the fund now completely closed and people being appointed to dispose of the various assets, I can't see myself getting any of that money back, sadly."
BBC Radio 4
More on payment protection insurance (PPI) scandal. There is a possible silver lining.
"It's obviously not great news for the banks in terms of reputation or cost," Jane Sydenham, from Rathbones, told the Today programme.
"But the thing we’ve got to remember is that a lot of that money goes into the hand of consumers and it gets recycled back into the economy."
The US short-seller Muddy Waters is betting against the shares of litigation financing specialist Burford Capital.
The US hedge fund, which is headed by outspoken short-seller Carson Block, described the company as a “poor business masquerading as a great one” in a report published today.
The report criticises the accounting Burford uses to value its litigation cases, which it says it is “aggressively marking”, while arguing that the company is then “actively misleading investors” further with some of the metrics it reports.
The short-seller put our a series of tweets earlier detailing its accusations.
Burford responded in a stock exchange statement saying it employed IFRS accounting standards that it said were “used widely across the financial services industry”, while citing years of “clean” audit opinions from Ernst & Young. The company also said that it reported on its investments in “extraordinary detail”.