Whether they knew at the time that the dividends they received were stolen from players pockets or not is irrelevant, the moment it became clear that the money they were given was stolen each and every one of them should have come forward and offered to repay every cent they still have in their possession.
This is very wrong. If anyone received divdends in good faith and not knowing that the company didn t have the money, then they are not at fault. The law very clearly ditactes that improperly issued dividends are the fault of the person(s) that issued them. Aswell, there are legal recourses to go after the persons that were invloved in having such dividends issued. This subject has been beat to death but the law is very clear on it.
This is not a legal site, just good FYI. A cut and paste
http://legal-dictionary.thefreedicti...Corporate+Veil
Dividends A dividend is a payment to shareholders, in proportion to their holdings, of current or past earnings or profits, usually on a regular and periodic basis. Directors determine whether to issue dividends. A dividend can take the form of cash, property, or additional shares. Shareholders have the right to force payment of a dividend, but they usually succeed only if the directors abused their discretion.
Restrictions on the distribution of dividends can be found in the articles of incorporation and in statutes, which seek to ensure that the dividends come out of current and past earnings. Directors who vote for illegal dividends can be held personally liable to the corporation. In addition, a corporation's creditors often will contractually restrict the corporation's power to make distributions