Keurig failed to disclose concerns about the commercial feasibility of curbside recycling of K-Cup pods.
The logo for Keurig Dr Pepper appears above a trading post on the floor of the New York Stock Exchange, Thursday, July 12, 2018. 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.
However, according to the SEC, Keurig failed to disclose that two of the country’s biggest recycling companies had expressed significant concerns to the company about the commercial feasibility of curbside recycling of K-Cup pods at that time and indicated that they did not presently intend to accept the pods for recycling.
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