Barclays’ $19.5 Million Investor Settlement Gets Final Approval

Barclays Plc has gotten final approval for a $19.5 million agreement to settle investors’ class claims that the bank inadvertently sold $17.7 billion in unregistered securities.

The deal, which drew no objections, is fair, reasonable, and adequate, Judge Katherine Polk Failla said Tuesday for the US District Court for the Southern District of New York. Failla also approved attorneys’ fees of about $5.7 million, or 29% of the settlement fund.

• Owners of Barclays’ American depositary receipts—shares for US buyers—sued the UK-based bank after it announced it had exceeded a regulatory cap on securities registrations, following its loss of “well-known seasoned ...