AG Nessel, Bipartisan Coalition Reach $573M Settlement with McKinsey & Co. for 'Turbocharging' Opioid Epidemic with Purdue Pharma
Contact: Ryan Jarvi 517-599-2746
Agency: Attorney General
February 4, 2021
LANSING – Michigan Attorney General Dana Nessel has joined 46 other attorneys general in a $573 million settlement with one of the world’s largest consulting firms, McKinsey & Co., resolving investigations into the company’s role in working for opioid companies, helping those companies promote their drugs, and profiting from the opioid epidemic.
The settlement, after payment of costs, will be used to abate problems caused by opioids in the participating states. Michigan will receive more than $19.5 million from the settlement. This is the first multistate opioid settlement to result in substantial payment to the states to address the crisis.
Read more of the press release here: https://www.michigan.gov/som/0,4669,7-192-47796-551383--,00.html