“Do not File Suit”
The first thing that I would do as I counsel this young student is ask him to look into scripture and see what God has to say on this subject. The Bible should be our first source of counsel before we start to form an opinion on whether we should file suit or not. I would ask the young student to look at 1 Corinthians 6:1-6 ESV where Paul said “When one of you has a grievance against another, does he dare go to law before the unrighteous instead of the saints? Or do you not know that the saints will judge the world? And if the world is to be judged by you, are you incompetent to try trivial cases? Do you not know that we are to judge angels? How much more, then, matters pertaining to this life! So if you have such cases, why do you lay them before those who have no standing in the church? I say this to your shame. Can it be that there is no one among you wise enough to settle a dispute between the brothers, but brother goes to law against brother, and that before unbelievers?” (Crossway Bibles, 2007) I would also advise the young student to talk to the professors who have taken this idea and see if you can work it out without conflict. If that does not work then as much as it may hurt, chalk this up as a learning experience and use it to grow from. Everything that happens is designed by God to happen in the exact way God wants, nothing surprises God and maybe God wanted this business to be opened by someone other than yourself to show or teach you something. All we know for sure is that God is sovereign and omniscient, and as a faithful Christian you will be blessed in some way for following Him and obeying scripture.
Crossway Bibles. (2007). The ESV Study Bible, English Standard Version® (ESV®). Good News Publishers.