I don’t think the OP has any legal comeback but he does have my sympathy, as a pair of cheap and nasty cable disk brakes on my bike at uni did exactly the same thing.
Steep descent, soft organic pads, and a bit of mud worked together to remove a bit of pad material. Because they require the pads winding in manually as they wear, within about 30 seconds I found the levers coming back to the bar.
Had Strava existed when I was at uni I’d hold the KOM for all time on that descent, but I also bailed at the bottom of the hill before the main road. After getting home and limping to the bike shop, I spent what remained on my student loan on a pair of Hope Mono Minis that afternoon.
However, I didn’t dream of sueing Shimano for crap design. Perhaps I should have.