It will be interesting to see what the terms of the settlement are.
I’m always amazed that firms go right to the brink of trial before settling. Sometimes the judge issues certain rulings that may lead a party to realize their odds are lower than hoped. But otherwise it seems like both parties wasted the court’s time when a settlement could have been reached at any prior point.
Settling often deprives the country of useful case law, or prevents bad actors from having to admit guilt. Totally understandable for the parties involved to take the sure thing rather than risking it all on a trial but it does negatively impact our society.