TBA Law Blog


Posted by: Stacey Shrader Joslin on Sep 27, 2023

Consulting firm McKinsey & Co has agreed to pay $230 million to resolve lawsuits by hundreds of local governments and school districts that accused the firm of fueling the opioid epidemic by advising drugmakers how to successfully sell the painkillers. According to the lawsuit, McKinsey provided sales analysis and marketing advice to manufacturers to help them sell the highly addictive drug and convince doctors to prescribe them. McKinsey already has paid out more than $640 million to resolve suits over its opioid work, including a suit brought by 50 state attorneys general. U.S. District Judge Charles Breyer in San Francisco must approve the settlement. Read more from Fortune.