Again, I totally disagree. Keogh had to file this lawsuit to get Phillips and Otiko's attention. They certainly wouldn't consider any kind of partnership (or settlement) with him for no reason. He had to sue them to hope they come to the table with him. It's so obvious it's ridiculous.
If Keogh had a legitimate case, he would have sued these parties months ago. No right before they're about to reap a windfall.