McKinsey to Settle Opioid Lawsuits by Cities, School Districts

McKinsey & Co. agreed to resolve lawsuits in San Francisco federal court over its role advising opioid manufacturers in their sales of the painkillers. The amount of the settlement in principle wasn’t disclosed in a court filing.

• Both sides proposed to US District Judge Charles Breyer to report the status of finalizing the agreement in December
• Some US cities, counties and Native American tribes have refused to join McKinsey’s original $573 million deal with 47 state attorneys general that aimed to wipe out the company’s opioid liability
• The settlement in San Francisco involves two categories of plaintiffs; lawsuits brought by ...