If I got out to lunch with a company truck and get drunk, rob a bank with the truck, or intentionally break a law with the truck or auto then YES, I should be fired.
Carol was acting as the CEO and employee of HCPC when the fraud was commited, so therefore this is NOT personal, THIS IS BUSINESS!
She pet herself in the public by offering shares to the public.
If a pro football gets arrested for DUI or ships codine to Texas not only are they prosecuted, but either suspended from their job, for fired, as they are representing the TEAM (BUSINESS)24 hours a day 7 days a week.
If Carol did not want us getting into her personal business, she should have never taken the job as a CEO of a PUBLIC COMPANY.