I don't know if it is the same in the US as in the UK, but here you cannot sue companies, just individuals.
In my first ever company, I was one of a number of individuals within the organisation who were named in a lawsuit by a TV production Company for whom we were producing publicity material. (Mainly because we were running late.)
I was 17 or 18 at the time.
I didn't really have any money and apart from my cameras and motorbike, I didn't have very much for them to take had they proceeded with the legal action and it had been successful.
Fortunately, it all ended well.