Keurig caught making ‘inaccurate’ recycling claims about its coffee pods
Keurig made “inaccurate statements” about the recyclability of its single-use coffee pods, according to the Securities and Exchange Commission (SEC). The company agreed to a cease and desist order and to pay a $1.5 million civil penalty to settle the charges.
Keurig coffee pod maker charged with making inaccurate recyclability claims
The Securities and Exchange Commission (SEC) on Tuesday charged Keurig Dr Pepper Inc., which makes single-use coffee pods, with making inaccurate claims about the recyclability of its products.
Those Keurig Coffee Pods? They’re Not So Recyclable, the S.E.C. Says.
The agency said Keurig, in its financial filings, had claimed its pods could be “effectively recycled” but didn’t note that two big recycling companies wouldn’t accept them.
Keurig to pay $1.5M settlement over coffee pod recyclability claims
The logo for Keurig Dr Pepper appears above a trading post on the floor of the New York Stock Exchange, Thursday, July 12, 2018. AP Photo/Richard Drew
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 to pay $1.5M fine to SEC over K-Cup recyclability claims
Keurig, the company behind the popular home brewing and single-serving coffee maker systems, will pay the SEC a $1.5 million civil penalty after it failed to disclose concerns from two major recycling companies about the K-Cup pods in its annual reports.
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