McKinsey Agrees to Pay $230 Million to Settle More Opioid Suits
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McKinsey & Co. is poised to pay $230 million in its latest settlement of lawsuits blaming the company for its role advising opioid manufacturers in their sales of the painkillers.
The proposed accord with local governments and school districts filed in court Tuesday would resolve allegations that McKinsey, one of the biggest US management consulting firms, helped fuel the country’s opioid epidemic by providing sales analysis and marketing advice to makers of the highly addictive painkillers, including Purdue Pharma LP and Johnson & Johnson.