Document the facts . If the institution has made an appropriate judgment, the facts will help you more than they hurt you. And you may have to prove those facts years later, when memories have dimmed. If the institution has made a mistake, and the victim has been mistreated, it is better to know that sooner rather than later, and to fix it if you can. Weigh costs and benefits .
Litigation is expensive.
Either way, it will consume time and emotional energy among the administration and affected faculty. It will consume lawyer time, and if you have to hire outside counsel, it will cost hard cash and the bills can run up very fast. It can drag on for years. This is why defendants sometimes pay nuisance settlements, buying plaintiffs off with small payments. But there are dangers to such settlements.