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McKinsey settles for $573-million over role in opioid crisis theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
by Brian MannFeb, 04 2021 (Morning Edition) OxyContin pills arranged for a photo at a pharmacy in Montpelier, Vt. The global business consulting firm McKinsey & Company has agreed to a $573 million settlement over its role in the opioid crisis. Image: Toby Talbot/AP McKinsey & Company has reached a $573 million settlement with nearly 50 state governments as well as the District of Columbia and territories, over its role helping to market and boost sales of high-risk opioids including OxyContin. Most of the funds will be devoted to paying for treatment and rehabilitation programs in communities devastated by the addiction crisis. As part of the settlement, McKinsey admits to no wrongdoing. ....
McKinsey & Company has reached a $573 million settlement with nearly 50 state governments as well as the District of Columbia and territories, over its role helping to market and boost sales of high-risk opioids including Oxycontin. Most of the funds will be devoted to paying for treatment and rehabilitation programs in communities devastated by the addiction crisis. As part of the settlement, McKinsey admits to no wrongdoing. This deal heads off civil lawsuits threatened by state attorneys general. Today s agreement sets a new standard for accountability in one of the most devastating crises of our time, said Massachusetts attorney general Maura Healey, in a statement emailed to NPR. As a result, our communities will receive substantial resources for treatment, prevention, and recovery services. ....
Consulting Giant McKinsey To Settle States’ Opioid Claims For $573 Million By Brian Mann February 4, 2021 McKinsey & Company has reached a $573 million settlement with nearly 50 state governments as well as the District of Columbia and territories, over its role helping to market and boost sales of high-risk opioids including OxyContin. Most of the funds will be devoted to paying for treatment and rehabilitation programs in communities devastated by the addiction crisis. As part of the settlement, McKinsey admits to no wrongdoing. This deal heads off civil lawsuits threatened by state attorneys general. “Today’s agreement sets a new standard for accountability in one of the most devastating crises of our time,” said Massachusetts attorney general Maura Healey, in a statement emailed to NPR. “As a result, our communities will receive substantial resources for treatment, prevention, and recovery services.” ....
Originally published on February 4, 2021 12:01 pm McKinsey & Company has reached a $573 million settlement with nearly 50 state governments as well as the District of Columbia and territories, over its role helping to market and boost sales of high-risk opioids including OxyContin. Most of the funds will be devoted to paying for treatment and rehabilitation programs in communities devastated by the addiction crisis. As part of the settlement, McKinsey admits to no wrongdoing. This deal heads off civil lawsuits threatened by state attorneys general. Today s agreement sets a new standard for accountability in one of the most devastating crises of our time, said Massachusetts attorney general Maura Healey, in a statement emailed to NPR. As a result, our communities will receive substantial resources for treatment, prevention, and recovery services. ....