The McKinsey & Company brand is displayed on the 54th International Paris Airshow at Le Bourget Airport close to Paris, France, June 21, 2023.
Benoit Tessier | Reuters
McKinsey & Co. agreed to pay $650 million in a deferred prosecution settlement that can resolve a federal felony probe into the corporate’s consulting work advising Purdue Pharma on how one can improve gross sales of its addictive opioid drug OxyContin, a court docket submitting stated Friday.
A former prime companion at McKinsey additionally agreed to plead responsible to obstruction of justice within the probe, in line with court docket filings.
CNBC has requested remark from McKinsey.
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