Organization
McKinsey & Company
Management consulting firm based in New York.
- Also known as
- McKinsey
- Wikidata
- Q310207
McKinsey and the opioid makers: multistate settlement
- Settled with North Carolina Department of Justice: $573M, a $573 million multistate settlement; McKinsey admits no wrongdoing 12
McKinsey and Purdue Pharma: deferred prosecution agreement
- Charged by U.S. District Court, Western District of Virginia: one felony count of destroying records and one misdemeanor count of conspiring to aid and abet misbranding, against its U.S. subsidiary, under a five-year deferred prosecution agreement 3
McKinsey and Purdue Pharma: False Claims Act settlement
- Settled with U.S. Department of Justice: $323M, a civil False Claims Act settlement of over $323 million, resolving allegations 3
A charge is an accusation, not a finding of guilt.
Connections 7
people who worked here
- Martin Elling Senior partner (former) Primary record 3
charged by
- U.S. District Court, Western District of Virginia 13 Dec 2024 one felony count of destroying records and one misdemeanor count of conspiring to aid and abet misbranding, against its U.S. subsidiary, under a five-year deferred prosecution agreement Primary record 3
settled with
- North Carolina Department of Justice 4 Feb 2021 $573M, a $573 million multistate settlement; McKinsey admits no wrongdoing Primary record 12
- U.S. Department of Justice 13 Dec 2024 $323M, a civil False Claims Act settlement of over $323 million, resolving allegations Primary record 3
involved in
- Evolve to Excellence (2013) advised Purdue on it; the 2024 agreed statement of facts says the advice included how to "turbocharge" OxyContin’s sales pipeline Primary record 3
- McKinsey resolution of the Purdue investigation (2024) agreed to pay $650 million Primary record 3
- McKinsey opioid settlement (2021) settled; "admits to no wrongdoing" Scholarship & press 1
Timeline 3 dates
- 4 Feb 2021 McKinsey & Company settled with North Carolina Department of Justice
- 13 Dec 2024 McKinsey & Company charged by U.S. District Court, Western District of Virginia
- 13 Dec 2024 McKinsey & Company settled with U.S. Department of Justice
Proof 3 sources
-
Consulting Giant McKinsey To Settle States' Opioid Claims For $573 Million, NPR (via WAMC), 4 Feb 2021.
Scholarship & press
As part of the settlement, McKinsey admits to no wrongdoing.
-
Attorney General Josh Stein Reaches $573 Million Settlement with McKinsey Over Opioids, North Carolina Department of Justice, 4 Feb 2021.
Primary record
reached a $573 million multi-state settlement with one of the world’s largest consulting firms, McKinsey & Company
-
Justice Department Announces Resolution of Criminal and Civil Investigations into McKinsey & Company’s Work with Purdue Pharma L.P.; Former McKinsey Senior Partner Charged with Obstruction of Justice, U.S. Attorney’s Office, Western District of Virginia, 13 Dec 2024.
Primary record
Archived copy
one felony count of knowingly destroying records, documents and tangible objects with the intent to impede, obstruct, and influence the investigation and proper administration of a matter within the jurisdiction of the Justice Department
one misdemeanor count of knowingly and intentionally conspiring with Purdue and others to aid and abet the misbranding of prescription drugs, held for sale after shipment in interstate commerce, without valid prescriptions
it will pay over $323 million to resolve its liability under the False Claims Act for allegedly providing advice to Purdue Pharma L.P. that caused the submission of false and fraudulent claims to federal healthcare programs
The details contained in the charging documents and civil resolution are merely allegations.
a former McKinsey senior partner who worked on Purdue matters has been
This 2013 effort was called Evolve to Excellence, or “E2E,” and included McKinsey advising Purdue on how to “turbocharge” the sales pipeline for OxyContin by, among other strategies, intensifying marketing to High Value Prescribers
has agreed to pay $650 million to resolve a criminal and civil investigation into the firm’s consulting work with opioids manufacturer Purdue Pharma L.P.
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