What would be fair compensation? Compensatory damages are far easier to assess in business dealings, where we can make fairly reliable estimates of what was lost as the result of a breach of contract or whatever other violation of civil law was involved. In cases like this, though, it doesn’t seem to me that any amount of money could truly make up for what happened. So if no number is the correct number, all we can hope is that Daniel Chong is reasonably happy with the settlement amount.
If we want to go beyond issues of compensation and into questions about justice and/or punishment, then there is certainly some merit to the suggestion made by @RealEyesRealizeRealLies. Given that the basis for the original complaint is that no one should have to go through what Chong went through, however, it seems to me that a just resolution would involve the firing of those directly responsible and the disciplining of anyone else who may have had an indirect hand in the incident.