Keurig Dr Pepper pays million dollar civil penalty after SEC allegations about K-Cup recyclability
Are you a K-Cup user passionate about the environment? If so, you might want to think twice before tossing your used pods in the recycling bin.
Keurig Dr Pepper Pays $1.5M to Settle Single-Use Drink Pod Recyclability Charge
Keurig Dr Pepper has paid a $1.5 million fine to settle charges that it has been making inaccurate statements regarding the recyclability of its popular K-Cup single-use beverage pods. The Securities and Exchange Commission noted that in Keurig's annual reports for fiscal years 2019 and 2020,
SEC charges Keurig Dr. Pepper over recyclability of coffee pods
The company has said, in past, marketing and financial reports that K-Cups could be effectively recycled. However, the SEC said Keurig Dr. Pepper failed to disclose that two of the biggest U.S. recyclers said they wouldn't accept the pods for recycling.
Keurig Dr Pepper fined for misleading K-Cup recycling claims
Keurig Dr Pepper will pay a $1.5 million fine for what the SEC says was inaccurate statements about the recyclability of its single-use K-Cups, long a ubiquitous presence in kitchens and offices.
Monster Beverage Stock Vs. Keurig Dr Pepper
There is more to the comparison, and in the sections below, we discuss why we think MNST will outperform KDP in the next three years.
Keurig Dr Pepper charged with misleading consumers on K-Cups' recyclability
The multinational soft drink company will pay a $1.5 million settlement, but it isn't admitting or denying the agency's claims.
Keurig Dr Pepper Said Its K-Cups Could Be Recycled. Not So, Says SEC.
Keurig Dr Pepper has agreed to pay a civil penalty to settle U.S. Securities and Exchange Commission charges over claims made by the beverage company that its single-serve pods, or K-Cups, could be “effectively” recycled.
Keurig misled the public over claims its K-Cup pods are 100% recyclable, the SEC says
Keurig agreed to pay $1.5 million in penalties — without admitting guilt or denying the SEC's findings that the K-Cup pod producer made inaccurate claims regarding the recyclability of those pods.
Keurig to pay $1.5M fine over recyclability claims
Keurig Dr Pepper Inc. will pay $1.5 million to settle charges that it made inaccurate statements about the recyclability of its K-Cup single use beverage pods, according to the U.S. Securities and Exchange Commission.
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