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1. • • McKinsey has agreed to pay $573m (£419m) to resolve claims it faced across the US related to its role fuelling America's opioid epidemic. The consulting firm was under investigation for its work with Purdue Pharma, which aimed to boost sales of the addictive Oxycontin painkiller.
     www.bbc.com › news › business-55939224

     McKinsey agrees $573m opioid settlement in US - BBC

2. People also ask

   What happened to McKinsey & Company?

   • In 1935, McKinsey merged with accounting firm Scovell, Wellington & Company, creating the New York-based McKinsey, Wellington & Co. and splitting off the accounting practice into Chicago-based Wellington & Company.

   McKinsey & Company - Wikipedia

   en.wikipedia.org/wiki/McKinsey_&_Company

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   Who is McKinsey & Company?

   • Michael Forsythe and Walt Bogdanich, authors of “When McKinsey Comes to Town,” have been reporting on the consulting firm for years. The Justice Department is investigating McKinsey & Company, the international consulting giant, for its role in helping drug companies maximize their sale of opioids.

   McKinsey Is Under Criminal Investigation for Its Opioid Work

   www.nytimes.com/2024/04/24/business/mckinsey-criminal-investigation.html

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   Did McKinsey pay $78 million?

   • Consulting firm McKinsey and Co. has agreed to pay $78 million to settle claims from insurers and health care funds that its work with drug companies helped fuel an opioid addiction crisis. The agreement was revealed late Friday in documents filed in federal court in San Francisco. The settlement must still be approved by a judge.

   Consulting Firm McKinsey Agrees to $78 Million Settlement With Insure…

   www.usnews.com/news/business/articles/2023-12-30/consulting-firm-mckinsey-agrees-to-78-million-settlement-with-insurers-over-opioids

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   How does McKinsey compete with other companies?

   • New competitors like the Boston Consulting Group and Bain & Company created increased competition for McKinsey by marketing specific branded products, such as the Growth–Share Matrix, and by selling their industry expertise.

   McKinsey & Company - Wikipedia

   en.wikipedia.org/wiki/McKinsey_&_Company

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3. www.nytimes.com › 2024/04/24 › businessMcKinsey Is Under Criminal Investigation for Its Opioid Work

   www.nytimes.com › 2024/04/24 › business

   Apr 24, 2024 · The Justice Department is investigating McKinsey & Company, the international consulting giant, for its role in helping drug companies maximize their sale of opioids.

   • McKinsey Settles for Nearly $600 Million Over Role in Opioid ...

     McKinsey & Company, the consultant to blue-chip corporations...

   • McKinsey Charged in South African Corruption Case

     The South African branch of McKinsey & Company, the global...

4. en.wikipedia.org › wiki › McKinsey_&_CompanyMcKinsey & Company - Wikipedia

   en.wikipedia.org › wiki › McKinsey_&_Company

   • Cached

   In 1935, McKinsey merged with accounting firm Scovell, Wellington & Company, creating the New York-based McKinsey, Wellington & Co. and splitting off the accounting practice into Chicago-based Wellington & Company.

   • Founded: 1926; 97 years ago
   • Industry: Management consulting

   • Founder: James O. McKinsey
   • Type: Incorporated partnership

5. www.forbes.com › sites › michaelposnerMcKinsey Rejected Its Leader; Now, Will It Really Change?

   www.forbes.com › sites › michaelposner

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   Mar 2, 2021 · Last week, McKinsey’s 650 global partners turned down CEO Kevin Sneader’s bid for a second three-year term at the helm. The rejection marked the first time in 40 years the storied consulting ...

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7. www.bbc.com › news › business-55939224McKinsey agrees $573m opioid settlement in US - BBC

   www.bbc.com › news › business-55939224

   Feb 4, 2021 · McKinsey has agreed to pay $573m (£419m) to resolve claims it faced across the US related to its role fuelling America's opioid epidemic. The consulting firm was under investigation for its work...

8. www.usnews.com › news › businessConsulting Firm McKinsey Agrees to $78 Million Settlement ...

   www.usnews.com › news › business

   • Cached

   Dec 30, 2023 · Consulting firm McKinsey and Co. has agreed to pay $78 million to settle claims from insurers and health care funds that its work with drug companies helped fuel an opioid addiction crisis.