I think you unfairly are blaming the "billionaires" here and failing to acknowledge the organization bankrupted themselves by violating the law.

They didn't have to violate the law and expose themselves to a lawsuit for damages. Even then, they didn't have to spend themselves into bankruptcy fighting the lawsuit. They could have saved all the legal costs and accepted a judgement. Of course they could have not violated the law and avoided the lawsuit altogether. It seems to make sense the person who was damaged by the organization personally dislikes them, but that has nothing to do with the company going bankrupt, their own behavior is what lead to them going bankrupt.