The current criminal investigation, announced today, is into whether McKinsey is guilty of conspiracy for marketing recommendations to Purdue and others to downplay the addictive nature of opioids, conspiracy to commit healthcare fraud through insurance claims, and obstruction of justice.
NEW YORK, May 14 (Reuters Breakingviews) - McKinsey could use some of its own advice. After guiding the strategies of some of the world’s largest companies for nearly a century, the elite consulting firm finds itself under criminal investigation, opens new tabrelated to its recommendations to drugmakers on how to “turbocharge” sales of opioids, according to the Wall Street Journal. An indictment against Arthur Andersen more than two decades ago proved to be a death knell for the auditing giant, and it is an instructive example for what happens next….
https://www.reuters.com/breakingviews/memo-mckinsey-avoiding-arthur-andersens-fate-2024-05-14/