Justice Department Investigates McKinsey's Role in Opioid Crisis
The U.S. Justice Department's criminal probe targets McKinsey & Company for allegedly exacerbating the opioid epidemic through their consulting practices.
- The investigation focuses on McKinsey's advice to pharmaceutical companies on marketing strategies for opioids, which are linked to widespread addiction and deaths.
- A grand jury in Virginia has been empaneled as part of the investigation, indicating the seriousness of the allegations.
- McKinsey has previously settled for nearly $1 billion without admitting wrongdoing, covering lawsuits from states, territories, and various organizations.
- The probe also examines potential obstruction of justice by McKinsey, including incidents where employees discussed deleting documents.
- The outcome of the investigation could lead to criminal charges or substantial financial penalties for McKinsey.