I think that's probably right -- especially since I can find no record that the investigation was pursued or reached any conclusions.  The bishop's statement appears to have been little more than an attempt to deal with the public relations debacle that ensued after Pavone posted the video.
Pavone could have been suspended; he should have been, in my view.
He could have been recalled to service in the diocese; he should have been, although I think the bishop would have to think and pray about what sort of ministry Pavone could appropriately be assigned to carry out.
The other priests who work with Priests for Life could have been recalled to their dioceses and religious orders; they should have been.
I don't know if any of this happened; but it appears that it didn't.