Consulting firm McKinsey & Co. has agreed to pay $230 million to resolve lawsuits by hundreds of U.S. 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 the $641.5 million that McKinsey already paid to resolve claims by state attorneys-general.
