McKinsey & Company to Pay $650 Million in Opioid Probe
#McKinsey #OpioidCrisisMcKinsey & Company will settle a federal probe over its work with Purdue Pharma by paying $650 million. The firm is also facing criminal charges for alleged involvement in misbranding prescription drugs. The opioid crisis, linked to thousands of deaths, has been ongoing for years. read more
McKinsey nears $600+ million settlement over opioid sales allegations
#McKinsey #OpioidsCrisisMcKinsey nears $600m settlement with US government over its role in the opioid crisis. The consultancy firm is accused of aiding opioid manufacturers in boosting sales, contributing to the epidemic. The settlement includes civil violations and potential dismissal of criminal charges. read more
McKinsey & Company Under Fire for Fueling Climate Crisis
#McKinsey #climatecrisisThe text discusses McKinsey's involvement in supporting both renewable energy projects and fossil fuel industries, illustrating their conflicting roles in the climate crisis. Despite public green promises, the firm's secretive work with oil-producing clients raises questions about sustainability efforts. read more
Republican Lawmakers Seek Investigation into McKinsey's China Consulting Work.
#McKinsey #ChinaRepublican lawmakers are calling for a federal investigation into McKinsey, a U.S. consulting firm, over its work with the Chinese government and state-owned enterprises. The lawmakers express concerns that McKinsey's activities could pose a national security risk and have reportedly sent a letter to the Justice Department requesting an investigation. read more
#McKinsey #USjustice
McKinsey is under US criminal investigation over its involvement in the opioid industry, focusing on consulting work for Purdue Pharma. The US justice department declined to comment. Investigations are ongoing, looking into potential conspiracy, healthcare fraud, and obstruction of justice. read more