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Firm Pays $650 Million Settlement For Role In Fueling U.S. Opioid Crisis
McKinsey & Company, a global consulting firm that played a key role in promoting OxyContin sales during the opioid epidemic, has agreed to pay a $650 million settlement as part of a deferred prosecution agreement with the Department of Justice (DOJ),
‘Source Of Profound Regret’: Firm Pays Half Billion Settlement To Avoid Criminal Prosecution For Fueling Opioid Crisis
A consulting giant that helped fuel the United States’ deadly opioid epidemic agreed to pay a massive settlement to avoid
Consulting firm McKinsey to pay $650 million to resolve US criminal opioid probe
McKinsey previously reached agreements totaling nearly $1 billion to settle widespread lawsuits and other legal actions alleging the company helped fuel the
opioid
epidemic
through its work advising OxyContin maker Purdue Pharma and other drugmakers.
McKinsey to Pay $650 Million in Opioid Settlement With Justice Department
McKinsey & Company has agreed to pay $650 million to settle a Justice Department investigation of its work with the opioid maker Purdue Pharma. A former senior partner has also agreed to plead guilty to obstruction of justice for destroying internal company records in connection with that work.
Consulting firm McKinsey to pay $650 million to end opioid criminal probe
The investigation stems from the company’s work advising Purdue Pharma on how to “turbocharge” sales of the blockbuster opioid OxyContin, officials said.
Consulting firm McKinsey to pay $650 million to resolve US opioid charges
McKinsey & Co has agreed to pay $650 million to resolve charges over advice it provided Purdue Pharma on how to "turbocharge" sales of its addictive painkiller OxyContin, the U.S. Department of Justice said on Friday.
McKinsey to pay $650 million for conduct related to Purdue Pharma, opioid crisis
The global consulting giant McKinsey & Company will pay $650 million to resolve criminal and civil probes stemming from the services it provided to Purdue Pharma.
McKinsey & Company agrees to pay $650 million to settle federal probe over opioids work
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
McKinsey to pay $650m to settle opioid charges
Consulting firm McKinsey has agreed to pay $650m (£515m) to settle criminal charges related to its role in the US opioid crisis. The company "knowingly and intentionally" conspired with pharmaceutical firm Purdue Pharma to "aid and abet the misbranding of prescription
McKinsey & Company to Pay $650M to Resolve Federal Probe Into Opioids Work
Court papers reportedly show the consulting firm will avoid prosecution in a deal with the Justice Department.
The Economist
8h
Is the opioid epidemic finally burning out?
The epidemic may simply be “burning out”, suggests Professor Ciccarone. The theory is that the most vulnerable have already ...
20h
on MSN
McKinsey to pay $650 million over role in OxyContin epidemic
McKinsey agreed to pay $650 million as part of a deferred prosecution agreement, according to court documents filed Friday.
emjreviews.com
10h
Brain Imaging Reveals Key Changes in Opioid Use Disorder Patients – RSNA 2024
A NOVEL study from the USA presented at the Radiological Society of North America (RSNA), reveals significant structural and ...
Courthouse News Service
1d
In prosecution first, consultants on hook for $650 million for role in opioid epidemic
The agreement marks the first time a management consulting firm has been held criminally responsible for advice resulting in ...
3d
Baltimore lawyers begin presenting $5 billion request for ‘full response to the opioid epidemic’
Baltimore began explaining why it believes two drug distribution companies should have to pay $5 billion to curb the raging ...
Decaturish.com
3h
Georgia trust awards first $70 million of opioid settlements
After receiving recommendations from a government advisory commission last month, the Georgia Opioid Crisis Abatement Trust ...
The Economist
23h
Is America’s opioid epidemic finally burning out?
The
epidemic
may simply be “burning out”, suggests Professor ... But in the short term, it is cheap and lasts a long time, ...
Hosted on MSN
20h
Dolphins becoming hooked on deadly opioid as scientists issue urgent warning
Scientists have found the opioid in the bodies of more than 20 percent of bottlenose dolphins tested in the waters.
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