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There's no way this will succeed.

I believe you are absolutely right. One is a sans-serif typeface. Further, they are used in different products and markets, so no brand confusion can result. A drawing of the mark and/or a description needs to be submitted with the Registration Application.

For example "W" is also a trademark of:

Word Mark W Goods and Services IC 016. US 002 005 022 023 029 037 038 050. G & S: postcards, notebooks, folders with pockets, binders, bumper stickers, appliques in the form of decals, paper and felt banners, paper and felt pennants, decals. FIRST USE: 20030000. FIRST USE IN COMMERCE: 20030000

AND:

Word Mark W Goods and Services IC 036. US 100 101 102. G & S: Investment advice; investment management; financial portfolio management; financial research, analysis and consultation; investment research and analysis; investment consultation; investment trust management; financial forecasting; investment of funds for others

...and it just goes on and on, page after page.

They need to get slapped for abuse of process and vexatious litigation.