[imtringued]

>They had a case for suing him for millions.

No they didn't. Any judge would laugh the big corporation out of the courtroom over this. The amount of evidence in favor of the employee would turn this into a frivolous lawsuit.

>Of Course, they wouldn't have been able to collect but it would have been hell for him.

You're assuming that an improbable event happens and are extrapolating from there. A more realistic case is that this is settled out of court simply to avoid involving the court, which is exactly what happened here: they fired him.

>They also had a case for criminal fraud.

No, they didn't.

I'm not sure in what alternative universe you're living in here.