The company knew Monk was promoting the stock and not disclosing it. They benefitted from the pump. I'm not sure the SEC will take your point of view that they did nothing wrong. Going after Williams doesn't mean the rest of the companies involved are cleared. As the SEC itself said in the PR, "the investigation is continuing". And FWIW, PNTV is the FLD with the highest current price likely due to a subsequent outside investment of $2 million. It just wasn't mentioned in the Williams suit.
"The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing."
-- Albert Einstein
