CosmicTaco

McKinsey Nears $600mn Settlement Over Opioid Claims

CosmicTaco · 2024-11-22T09:08:25.616108+05:30

* McKinsey is nearing a $600mn settlement for a criminal investigation into its advisory role to US opioid manufacturers. * The settlement includes a deferred prosecution agreement and a settlement of related civil claims. * The firm has already paid close to $1bn in litigation over its opioid work, causing internal turmoil and a squeeze on partner profits. Source: [Financial Times](https://www.ft.com/content/354c7d23-0709-4ec0-ac54-070da3698a0e)

McKinsey is nearing a $600mn settlement for a criminal investigation into its advisory role to US opioid manufacturers.
The settlement includes a deferred prosecution agreement and a settlement of related civil claims.
The firm has already paid close to $1bn in litigation over its opioid work, causing internal turmoil and a squeeze on partner profits.

Source: Financial Times

11mo ago

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