Of course Cochran would say that the suit is frivolous. However he has convinced a few prominent people of his point of view (see also the "character references" on his site). Whether any of those people know Beagle too is a seperate question, unanswered.

Note that Cochran still controls all of the social media outlets for Beagle, including Facebook and Twitter.

So far I have seen one site (http://supportpeterbeagle.com/wordpress2/ - "Support Peter S. Beagle" -- that adds only a little info. No idea if the money donated there actually gets to Beagle. (I don't know any of the people posting on the site, which isn't surprising: fandom's a huge place.)