You are pretty much assuming they are liable for the allegations in the complaint against them.
Settlements for low value are a sign that plaintiffs view their chances of success (including being awarded substantial damages) as being low.
So one way of looking at this is, Epic did nothing wrong, and they are giving away essentially nothing to make the plaintiff go away.
If plaintiffs thought they had a good case, they wouldn't take monopoly money.
> Additionally, the attorneys who brought the lawsuit (see FAQ 10) will ask the Court to award them attorney’s fees and expenses in an amount not to exceed $11,300,000.00, for the time, expense and effort expended in investigating the facts, litigation, and negotiating the Settlement. The Class Representatives will also ask the Court for a payment of up to $75,000 collectively for their time, effort, and service in this matter.
Not my cup of tea, but I run a mile from any game that requires I shovel cash into it to get ahead