The consulting company settled with the Justice Department unit that oversees the bankruptcy system. But the creditor allegations that led to the settlement are still before a judge. Source: NYT > Business – MARY WILLIAMS WALSH
DealBook Briefing: Meet McKinsey’s Secretive Investment Fund
The company’s $12.3 billion investment fund is coming under scrutiny over potential conflict of interest. Source: NYT > Business –
As McKinsey Sells Advice, Its Hedge Fund May Have a Stake in the Outcome
The world’s most prestigious consulting firm has a secretive $12.3 billion investment arm, prompting questions about conflicts of interest. Source: NYT > Business – MICHAEL FORSYTHE, WALT BOGDANICH and BRIDGET HICKEY
McKinsey Advised Purdue Pharma How to ‘Turbocharge’ Opioid Sales, Lawsuit Says
The disclosures about the consulting firm are part of the Massachusetts attorney general’s suit against the pharmaceutical giant, which is accused of misleading doctors and patients about the safety of the medication. Source: NYT > Business