McKinsey & Company Agrees To Pay $537 Million For Role In Opioid Epidemic

NEW YORK (CBSNewYork) -- One of the world's largest consulting firms has agreed to pay $537 million for its role in the opioid epidemic in the United States.

Prosecutors, including New York's Attorney General, say McKinsey & Company raked in millions of dollars by helping opioid companies market and sell their drugs.

The money will go to 47 states involved in the lawsuit to help fight the drug crisis.

MORE FROM CBS NEW YORK

• Man Who Made Big Bucks Off GameStop Stock Sends Nintendo Switches To Children's Hospital
• Caught On Camera: Suspects Rob Chanel Store In SoHo, Steal $165,000 Worth Of Items
• Donald Cristiano Jr. Arrested On Charges Of Impersonating Police Officer, Abducting Teenage Girl On Long Island

In:
• Opioid Epidemic
• New York