Yes you could say that but the premise still stands that it is still actionable if it can be proven that the corporation back dated or falsified resolutions or other documents with the intent to operate as a sole proprietorship meaning one man total control over every aspect of operation including the handling of funds.
Having one man total control does not turn a corporation into a sole proprietorship. Also, even if you manage to pierce the corporate veil, which is not easy to do, the corporation would still remain.