Keurig Made Inaccurate Statements About K-Cup Pods' Recyclability, SEC Says
KDPKeurig Dr Pepper(KDP) Investopedia·2024-09-11 01:16

The Securities and Exchange Commission on Tuesday charged Keurig Dr Pepper (KDP) with making inaccurate statements about the recyclability of its single-use K-Cup pods. Keurig agreed to pay $1.5 million to settle the case, the regulator said. According to the SEC, Keurig said in its fiscal 2019 and 2020 annual reports that its testing had found the KCup pods could be "effectively recycled." Keurig Failed To Mention Concerns of Two Large Recycling Firms But the coffee maker and beverage firm failed to mentio ...