Seems ridiculous for a company who has the word "HACK" all over the inside and outside of their office, to put energy into this. Hire the kid and move on.
You'd think tech companies would have learned something from all the retribution the cracker community has laid down in the past few years. If you have security holes, own up to them and fix them. Hire real security teams and have external pen-testing on outward-facing products. And if, after all that, you get breeched still... at least learn something from the attack, and possibly from the attacker.