The McKinsey & Company logo is displayed at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 21, 2023.
Benoit Tessier | Reuters
McKinsey & Co. agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work advising Purdue Pharma on how to increase sales of its addictive opioid drug OxyContin, a court filing said Friday.
A former top partner at McKinsey also agreed to plead guilty to obstruction of justice in the probe, according to court filings.
CNBC has requested comment from McKinsey.
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