The courts are structured to be adversarial, so if I claim you owe me $1 million because of something you said, it is expected that you will vigorously defend yourself and through this process some compromise will be reached that will be more or less "just".

If the defendant fucks around instead of actually mounting a defence, of course the result is going to be a massive win for the plaintiffs. Do you expect the judge to step in and represent the interests of the defendant when the defendant seems uninterested in doing so himself? Alex had the money, connections, and profile to get a very good legal defence. He chose not to. I'm not really sure what you want the courts to do here.