That's because Riot only punishes people who defend themselves against trolls and feeders. Typically when someone feeds, they have probably only done it a couple times over a long period of time, Riots system would see that as "just having a bad game".
In my 3 years of League, i have had multiple occasions where our whole team reported an Intentional feeder, BUT, here is the funny thing. The only time i got a pop up message saying that person got punished, was when that person ALSO TYPED things. Riot won't ban for just the action unless extremely frequent, but if they are to say something toxic, or say that he is purposely doing it, that is when they get banned.
The one time i got that pop up message was when the intentional feeder was going on about having multiple accounts and that he didn't care about this one, and this that and other insults followed with racist profanity. All the other guys never typed, and i never saw a punishment pop up.
So in this sense, in Riots eyes, Words speak louder than actions, unless combined in which case you will certainly be banned xD.