I don't think he has a if he didn't put in writing or confirm with them that he'd receive points on their recording for "producing" them. If that's the case then he would have to claim recompence from all the other bands he worked with in a similar manner.
To me all it smells of is a guilt-ridden quest to make up for a stupid mistake he made in the first place which is not asking for points. Unluckily for him, I would imagine the courts typically don't reward stupidity and naivete. Even if he tries to work on the angle that he sculpted their sound he would have to prove he physically forced Jack White's fingers to shred like that or he was tipping Meg White's arms as she played drums to make her play like a hobo. You literally can't sue and win because of a "sound" he supposedly helped cultivate, didn't he learn anything from the Creedence Clearwater trial?
just to add, i mean unless your name is Brian Eno, Phil Spector, Van Dyke Parks etc. etc. you don't have a case if you didn't play anything or contribute anything other than a studio for the real artist to play in.. unless you wanted points and got that in writing which he didn't.
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