Consulting Firm McKinsey & Co Will Pay $230 Million in Recent U.S. Opioid Settlements

Consulting firm McKinsey & Co has agreed to pay $230 million to resolve lawsuits by hundreds of US local governments and school districts alleging it fueled an epidemic of opioid addiction through its work for bankrupt OxyContin maker Purdue Pharma and other drug companies.

The settlements, which require a judge’s approval, were disclosed in papers filed on Tuesday in federal court in San Francisco. The money is on top of $641.5 million that McKinsey already paid to resolve claims by state attorneys-general.

McKinsey will pay $207 million to resolve claims by counties and municipalities, and another $23 million to resolve claims by public school districts. McKinsey had previously said it had agreed to resolve the cases but had not disclosed for how much.

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