Keurig to pay $1.5M to settle SEC charges related to K-Cup pod recyclability statements

AP Business Writer

The Securities and Exchange Commission says that Keurig Dr. Pepper Inc. will pay $1.5 million to settle charges that it made inaccurate statements about the the recyclability of its K-Cup single use beverage pods. The SEC said Tuesday that Keurig agreed to a cease-and-desist order and to pay the civil penalty, without admitting or denying the findings in the agency’s order. Keurig Dr. Pepper said in an emailed statement that it was pleased to reach an agreement that fully resolves the matter.