Keurig Fined $1.5 Million Over K-Cup Recycling Claims

The maker of single-serve K-Cup coffee pods and the coffeemakers to use them, Keurig Dr Pepper, has settled an SEC complaint over the company's statements about recycling. Keurig settled the charges by agreeing to pay $1.5 million after the SEC said that claims in its 1999 and 2000 annual reports overstated the ease with which the plastic pods can be recycled. Keurig said in its reports that K-Cups, which first launched in 1992, could be "effectively recycled." The SEC said in a release, "Keurig did not dis ...