Environmental & Energy
Feb. 15, 2023
McKinsey to pay $25M to resolve claims over its advice to PG&E
"The facts are clear, however, that our past work for PG&E was completely unrelated to the devastating wildfires, and the [Fire Victims Trust] has provided no evidence to the contrary," a statement from McKinsey said.
McKinsey & Co. agreed to pay $25 million to resolve claims about its advice to client Pacific Gas and Electric Co., in a case arising from the 2018 Camp Fire, the deadliest and most destructive wildfire in California history.
"The facts are clear, however, that our past work for PG&E was completely unrelated to the devastating wildfires, and the [Fire Victims Trust] has provided no evidence to the contrary," a statement from McKins...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In