All articles tagged with #legalsettlement
Originally Published 1 year ago — by CNBC
McKinsey & Co. has agreed to pay $650 million in a deferred prosecution agreement to settle a federal criminal investigation into its consulting work with Purdue Pharma, which involved advising on increasing sales of the opioid OxyContin. Additionally, a former McKinsey partner will plead guilty to obstruction of justice for destroying and concealing documents related to the probe.
Originally Published 1 year ago — by The New York Times
Rudy Giuliani has agreed to transfer some of his assets to two Georgia poll workers, Ruby Freeman and Wandrea "Shaye" Moss, as part of a legal settlement. The settlement follows a defamation lawsuit filed by the poll workers, who were falsely accused by Giuliani of election fraud during the 2020 presidential election. This agreement marks a significant development in the ongoing legal battles related to false claims about the election.
Originally Published 2 years ago — by The Guardian US
Joshua Powell, former chief of staff to ex-NRA chief executive Wayne LaPierre, has agreed to a $100,000 settlement and admitted to wrongdoing in a lawsuit filed by the New York attorney general's office. The lawsuit alleges that NRA senior management, including LaPierre who recently resigned citing health concerns, misused millions in charitable funds for personal expenses. The civil trial against the NRA is set to begin, with the organization's attempts to dismiss the lawsuit or change the venue having failed.
Originally Published 2 years ago — by Fox Business
McKinsey & Co. has agreed to a $78 million settlement with U.S. health insurers and benefit plans over allegations that its consulting work for drug companies, including Purdue Pharma, contributed to the opioid crisis. The settlement will establish a fund to reimburse third-party payers for opioid-related costs. McKinsey has reached several settlements related to the opioid epidemic, totaling over $900 million, but maintains that its past work was lawful. The settlement is pending judicial approval.
Originally Published 2 years ago — by NBC News
McKinsey & Co has agreed to a $78 million settlement with U.S. health insurers and benefit plans over allegations that its consulting services for drug companies, including Purdue Pharma, contributed to the opioid epidemic. This settlement adds to McKinsey's previous payouts, totaling over $871 million, to various plaintiffs including state attorneys general, local governments, and Native American tribes. McKinsey maintains that its past work was lawful and has ceased advising on opioid-related business since 2019. The opioid crisis has led to numerous lawsuits and over $50 billion in settlements from various entities in the pharmaceutical industry.
Originally Published 2 years ago — by The Associated Press
Consulting firm McKinsey and Co. has agreed to a $78 million settlement with insurers and health care funds over allegations that its marketing strategies for Purdue Pharma's OxyContin contributed to the opioid addiction crisis. The settlement, pending judicial approval, will establish a fund to reimburse prescription opioid costs. This follows previous settlements by McKinsey, including a nearly $600 million agreement in 2021 with various U.S. states and territories, and a $230 million settlement with school districts and local governments. McKinsey maintains that its past work was lawful but has ceased advising on opioid-related business since 2019.
Originally Published 2 years ago — by Reuters
Consulting firm McKinsey & Co has agreed to a $78 million settlement with U.S. health insurers and benefit plans over allegations of exacerbating the opioid crisis through its marketing strategies for drug companies, including Purdue Pharma. This settlement adds to McKinsey's previous payouts, totaling over $871 million, to various plaintiffs including state attorneys general and local governments. McKinsey maintains that its past work was lawful and has ceased advising on opioid-related business since 2019. The settlement is part of broader litigation that has seen over $50 billion in settlements related to the opioid epidemic in the U.S.
Originally Published 2 years ago — by CNBC
Google has agreed to settle a consumer privacy lawsuit for allegedly tracking the internet use of people using "Incognito" mode in Chrome and private browsing in other browsers, despite users' expectations of privacy. The lawsuit, which sought at least $5 billion, was put on hold as both parties reached a preliminary settlement, with formal settlement details expected by February 24, 2024. The case, filed in 2020, involved claims of Google violating federal wiretapping and California privacy laws, potentially affecting millions of users since June 1, 2016.