I am personally being named in a discrimination suit, should I waive the service requirement? And how will this affect my future

Asked in Canoga Park, CA - almost 2 years

I was named personally in a discrimination suit along with the company I work for. I was the plaintiff's supervisor and so the case is a bunch of allegations against me. The claims are totally fabricated. I have nothing against this lady to this day except she is trying to sue us unfairly. I can expand further if needed. But to keep it brief: 1) my company asked me to waive my right to proper service. They have not been able to serve me properly, however the attorneys are trying to reach a settlement and as a condition the plaintiffs requested this. I really don't understand why. Should I comply? 2) what effect can this have on future employment? 3) can I counter sue her for what she is doing to me and my family with her false accusation?