I think its BS--
Why wouldn't this guy just quit? These allegations are just insane, and so weird, they sound made up. They sound like the kind of allegations someone would fabricate in order to ruin someone. I'm guessing there was a prior conversation, something along the lines of pay me or I'll ruin you, and now this is coming out.
If all this stuff was happening for such an extended period of time, and if it was all so bad, then why wait around on filing the suit and why remain under Curry's employ? I don't really like Eddy Curry, but this just smells funky to me.