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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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