Leucadia National Corp., a holding company with interests in insurance, wine and real estate, won a judge's approval to pay $13.7 million to settle shareholder lawsuits over the 2005 buyout of mining firm MK Resources Co.

In June 2005 Leucadia said it would pay 0.0317 of its shares for each MK share, or about $1.27. Investors sued saying it was too little. Leucadia denied wrongdoing and set up a fund to resolve the litigation, filed in Delaware Chancery Court.