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The Independent UK

World

Geoff Mulvihill and Alanna Durkin Richer

McKinsey & Company agrees to pay $650 million to settle federal probe over opioids work

McKinsey Opioids Purdue Purdue Pharma Virginia

Opioids Crisis-McKinsey - (Copyright 2019 The Associated Press. All rights reserved)

McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according to court papers filed in Virginia on Friday.

McKinsey has also entered into a deferred prosecution agreement to resolve criminal charges, including that it conspired with Purdue Pharma to aid in the misbranding of prescription drugs.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

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