IANAL but in my experience, the lawyers would say "doublecheck everything and if we're wrong, pay them so I don't have to spend a lot of effort litigating this". No, I would bet it's a combination of PR flacks and MBA/C-levels who would rather ruin lives than take a clear L on their record.
This is the leadership instructing the lawyers to fight the case. They can stop it at any time but they choose to continue the misery of their victims instead of admitting fault.