It seems like there is something specific to this that you are missing.
Holding all managers personally accountable for actions of a corporation runs up against the legal structure of a corporation -- a legal structure that is definitely not one of joint and several liability. That is what I mean when I say there is no legal basis for it. The whole point of a corporation is that the corporation is liable (which is a great convenience in many respects).
Restitution is not about who is liable but about making a wrong right. It's a different layer.
Holding all managers personally accountable for actions of a corporation runs up against the legal structure of a corporation -- a legal structure that is definitely not one of joint and several liability. That is what I mean when I say there is no legal basis for it. The whole point of a corporation is that the corporation is liable (which is a great convenience in many respects).
Restitution is not about who is liable but about making a wrong right. It's a different layer.