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CA AG Announces $573 Million Nationwide Settlement with McKinsey & Company for its Role in the Opioid Epidemic

02/16/21
WorkersCompensation.com
Sacramento, CA (WorkersCompensation.com) - Attorney General Becerra, along with a coalition of attorneys general from 47 states, the District of Columbia and five U.S. territories, announced a $573 million settlement with one of the world s largest consulting firms, McKinsey & Company (McKinsey). The settlement resolves California s investigation into the company s role in advising opioid companies, helping those companies promote their drugs, and profiting from the opioid epidemic. This is the first multistate opioid settlement to result in substantial payment to the states to address the epidemic. California will receive $59,613,603.99 from the settlement, which will be used to abate the damage caused by opioids to families and communities in California. ....

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Gibson Dunn | California Attorney General End of Term Update

January 25, 2021
Introduction
In December 2020, California Attorney General Xavier Becerra was announced to be President-Elect Joseph R. Biden, Jr.’s pick to lead the Department of Health and Human Services. The California Attorney General’s Office is the second largest Justice Department in the United States, second only to the U.S. Department of Justice, and California Attorney General Xavier Becerra was the first Latino Attorney General in California’s history. Before becoming the Attorney General of California, Becerra had a 24-year career in the U.S. House of Representatives.[1] In 2017, Governor Jerry Brown appointed Becerra to the last two years of Kamala Harris’s term as Attorney General, after she won election to the United States Senate. Now, Governor Gavin Newsom will appoint a successor to complete the remaining two years of Becerra’s term, assuming he is confirmed by the U.S. Senate.[2] ....

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