Johnson & Johnson has agreed to ramp up oversight of subsidiaries and to pay up to $10.5 million in attorney fees and costs to settle a shareholders’ fraud and misconduct suit.

The evaluative factors “strongly suggest that the proposed settlement is fair, reasonable and adequate,” U.S. District Judge Freda Wolfson said in approving the deal, In Re Johnson & Johnson Derivative Litigation, 10-cv-2033/11-cv-4993/11-cv-2511, on Oct. 26.