Out of court settlements are a thing, but this wasn't one. This was filed in-court. It's like the equivalent of a forfeit.

> Plaintiff Nintendo of America Inc. (“Plaintiff” or “Nintendo”) and Tropic Haze LLC (“Defendant” or “Tropic Haze”), by and through their undersigned counsel, hereby consent to judgment in favor of Nintendo, and jointly move the Court to enter monetary relief in the sum of US$2,400,000.00 in favor of Nintendo and against Defendant.

Translation:

"Hey court, we both agree that Nintendo wins, can we just skip the rest of this and mark this down as a win for them?"