McKinsey Settles OxyContin Probe
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deferred prosecution agreementCNBC
•McKinsey & Co. to pay $650 million to settle opioid consulting probe, ex-partner to plead guilty
78% Informative
McKinsey & Co. agreed to pay $650 million in a deferred prosecution agreement.
A former top partner at McKinsey , Martin Elling , also agreed to plead guilty to obstruction of justice in the probe.
The criminal charging document alleges McKinsey conspired with Purdue Pharma "and others to aid and abet the misbranding of prescription drugs" McKinsey accepted responsibility for the conduct alleged by federal prosecutors.
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