Keurig Dr Pepper to Pay $1.5 Million Fine Over SEC Charges on K-Cup Recyclability Claims

Sep 10, 2024, 03:12 PM

Keurig Dr Pepper Inc. has agreed to pay a $1.5 million civil penalty to settle U.S. Securities and Exchange Commission (SEC) charges that the company made inaccurate statements regarding the recyclability of its K-Cup pods. The settlement addresses allegations that Keurig misled consumers about the environmental impact of its single-use beverage pods. This fine comes in addition to a previously agreed $10 million fine over false advertising claims. The SEC's action underscores the importance of accurate environmental claims in corporate communications.