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Coverage dated December 12, 2024

McKinsey & Company to pay $650M to resolve federal probe into opioids work

Headline from Newsweek

Court papers reportedly show the consulting firm will avoid prosecution in a deal with the Justice Department.

Newsweek's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

14 articles, oldest first.

  1. Newsweek

    McKinsey & Company to pay $650M to resolve federal probe into opioids work (opens Newsweek)

    Published

    Newsweek's feed description

    Court papers reportedly show the consulting firm will avoid prosecution in a deal with the Justice Department.

  2. Washington Times

    McKinsey & Company agrees to pay $650 million to settle federal probe over opioids work (opens Washington Times)

    Published

    Washington Times's feed description

    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.

  3. Digital Journal

    McKinsey to pay $650 mn to settle US criminal case on opioids (opens Digital Journal)

    Published

    Digital Journal's feed description

    Consulting giant McKinsey & Company will pay $650 million to settle US criminal charges that it collaborated with Purdue Pharma to intentionally

  4. NBC News

    McKinsey & Co. to pay $650 million to settle U.S. opioid consulting probe, ex-partner will plead guilty to obstruction (opens NBC News)

    Published

    NBC News's feed description

    McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work advising Purdue Pharma on how to increase sales of its opioid painkiller OxyContin, a court filing said Friday.

  5. NPR

    McKinsey & Company to pay $650 million for role in opioid crisis (opens NPR)

    Published

    NPR's feed description

    The powerful consulting firm McKinsey will "accept responsibility" and pay $650 million for helping to fuel the opioid crisis, but executives will once again dodge prosecution.

  6. New York Post

    Consulting giant McKinsey to pay $650M to settle DOJ criminal opioid probe (opens New York Post)

    Published

    New York Post's feed description

    McKinsey & Co. has agreed to pay $650 million to resolve a Justice Department investigation into the consulting firm's work advising opioid manufacturer OxyContin maker Purdue Pharma on how to boost sales.

  7. WHDH Boston

    Consulting firm to pay $630M to settle federal investigation into its work helping Purdue Pharma boost opioid sales - Boston News, Weather, Sports (opens WHDH Boston)

    Published

    WHDH Boston's feed description

    WASHINGTON (AP) — McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work to help opioids

  8. Al Jazeera

    McKinsey to pay $650m to settle US opioid consulting probe (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    Prosecutors say McKinsey provided Purdue advice on measures it could take to ‘turbocharge’ OxyContin sales.

  9. NBC 5 Dallas-Fort Worth

    McKinsey & Company to pay $650 million to settle U.S. opioid consulting probe (opens NBC 5 Dallas-Fort Worth)

    Published

    NBC 5 Dallas-Fort Worth's feed description

    McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company's consulting work...

  10. CBS News

    McKinsey & Company agrees to $650 million settlement with feds over opioids work (opens CBS News)

    Published

    CBS News's feed description

    Consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer.

  11. The Guardian

    McKinsey to pay $650m to resolve US investigation into opioid crisis role (opens The Guardian)

    Published

    The Guardian's feed description

    Consultancy giant agrees to two criminal counts, including for conspiring with drug manufacturers, in DoJ settlement

  12. NBC10 Philadelphia

    McKinsey & Co. to pay $650 million to settle opioid consulting probe, ex-partner to plead guilty (opens NBC10 Philadelphia)

    Published

    NBC10 Philadelphia's feed description

    The Department of Justice had investigated McKinsey and Co. for its consulting work with Purdue Pharma, the prescription opioid maker.

  13. The Daily Caller

    ‘Source Of Profound Regret’: McKinsey Pays Half Billion Settlement To Avoid Prosecution For Fueling Opioid Crisis (opens The Daily Caller)

    Published

    The Daily Caller's feed description

    A consulting giant that helped fuel the United States’ deadly opioid epidemic agreed to pay a massive settlement to avoid criminal prosecution.

  14. CNN

    Consulting firm McKinsey to pay $650 million to resolve US criminal opioid probe (opens CNN)

    Published

    CNN's feed description

    McKinsey & Co has agreed to pay $650 million to resolve a US Department of Justice investigation into the consulting firm’s work advising opioid manufacturer OxyContin maker Purdue Pharma on how to boost sales.