This litigation is likely going to take years to resolve. Discovery hasn't even begun, so yes, all we have at this point are the unsupported allegations in the Complaint. However, as much as we may not like the Complaint, it is certainly not "frivolous," legally speaking.
A scheduling/planning conference is scheduled for September 17, 2019. It's been referred to a magistrate judge, who may order the parties to mediation or other alternative dispute resolution methods.