McKinsey’s $230M Opioid Settlement With Cities, Schools Approved

Feb. 2, 2024, 10:56 PM UTC

A US judge greenlighted McKinsey & Co.’s proposal to pay $230 million to settle claims that the consulting firm’s marketing work turbocharged opioid sales and led municipal governments to divert public resources to stem painkiller addiction.

The settlement, which was approved Friday by Judge Charles Breyer of the US District Court for the Northern District of California, caps litigation in one of several cases brought by cities and states against more than a dozen drug manufacturers and distributors, retail pharmacies, and associated companies for their role in contributing to the explosive growth of opioid painkiller use throughout the ...

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