Imagine you started small restaurant and you signed some deals with schools to cook food for them.

Then one of your cooks stole your customer list with agreement details like pricing and used this information to his/her benefit.

Is that OK or not?

If not then you will work with that cook as nothing happened?

This investigated dude you were talking about has mental problems and trial found evidence of wrongdoing.

You shouldn’t trust everything you read especially when it is about company which is/was heavily shorted.