An alleged molestation victim of former priest Daniel McCormack who sought punitive damages in a negligent employment suit against the Archdiocese of Chicago settled his case Monday for $2.95 million.The settlement was reached one week before the case was to go to trial in Cook County Circuit Court, according to Eugene K. Hollander, the plaintiff’s counsel and owner of the Law Offices of Eugene K. Hollander.Hollander said renewed international focus on the sex abuse scandal in the Catholic Church “absolutely …