The U.S. Justice Department is conducting a criminal investigation into consulting firm McKinsey & Company for its role in advising manufacturers of opioid products, including OxyContin, particularly Purdue Pharma. The probe focuses on the firm's strategies that may have helped boost opioid sales during a time when addiction and fatalities from these drugs were escalating. Additionally, a former McKinsey partner, Arnab Ghatak, who was fired in 2021, has filed a lawsuit against the firm, claiming he was wrongfully made a scapegoat for the company's involvement with opioid manufacturers and its double-dealing with the FDA.
I worked with McKinsey consultants during my corporate days. You could have asked me if their DEI studies were credible. Lol. https://t.co/JgwtGbEZtJ
Thread 🧵-- my latest for @amconmag: McKinsey & Company—the largest management consultancy in the world, the alumni of which include Pete Buttigieg and the geniuses who advised Purdue Pharma on how to “turbocharge” opioid sales—have published four studies since 2015 (“Diversity… https://t.co/BRRx7B1gPK
Ex-McKinsey partner claims he was made opioids ‘scapegoat’ in suit against firm https://t.co/td2B4skqB8 https://t.co/ueKk7PazIH
Arnab Ghatak, a former McKinsey & Co partner who was fired in 2021, accused it on April 26 of making him a 'scapegoat' to distract attention from its work advising OxyContin maker Purdue Pharma and other manufacturers of opioid pain medications https://t.co/QxbW5P7SYQ https://t.co/C0JItTCtnw
Reminder: McKinsey will bill you $600K/week to have a 27 year old with an MBA solve your company’s problems. But the way McKinsey solves their own problems is by playing Kid Rock at their partner meetings. https://t.co/xaFfX0vrkS
“Some” includes employees of McKinsey… https://t.co/homlVa38WZ
McKinsey consulting firm probed by DOJ over role advising opioid manufacturing pharma companies https://t.co/EodTM934vV https://t.co/EodTM934vV
Ex-McKinsey partner sues firm, claims he was made opioids 'scapegoat' https://t.co/DwbrhXe5Gg https://t.co/DwbrhXe5Gg
Ex-McKinsey partner sues firm, claims he was made opioids 'scapegoat' @nateraymond https://t.co/781tGQGx5O https://t.co/SZPYZveSLL
Consulting firm @McKinsey under criminal probe for role boosting the sales of opioid drugs--WSJ. https://t.co/vYi6btGma3
McKinsey is under U.S. government investigation for the role it played in helping promote sales of OxyContin at a point when the opioid was addicting and killing so many people. https://t.co/YKvCSO8gLy
I’ve called out McKinsey’s double-dealing with drug companies and the FDA for years. It’s great to see federal prosecutors are taking McKinsey’s role in the opioid epidemic seriously, and I hope Americans finally get justice. https://t.co/y8Vl2VgH0x
The Justice Department is investigating McKinsey's advice to manufacturers of OxyContin and other opioid products https://t.co/4mDw8n4RLs