Defendant Name: Keurig Dr Pepper Inc.

Defendant Type: Public Company
SIC Code: 2086
CUSIP: 49271V10

Initial Case Details

Legal Case Name In the Matter of Keurig Dr Pepper Inc.
First Document Date 10-Sep-2024
Initial Filing Format Administrative Action
File Number 3-22100
Allegation Type Issuer Reporting and Disclosure

Violations Alleged

Exchange Act
• Sec 13(a)
• Rule 13a-1

Resolutions

First Resolution Date 10-Sep-2024
Headline Total Penalty and Disgorgement $1,500,000

Related Documents:

34-100983 10-Sep-2024 Administrative Proceeding
Order Instituting Cease-and-desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-desist Order
On September 10, 2024, the SEC instituted cease-and-desist proceedings against Keurig Dr Pepper Inc., stating: "This matter involves statements made by Keurig in its annual reports filed with the Commission for fiscal years 2019 and 2020 regarding the recyclability of its K-Cup beverage pods (“pods”) used to make coffee and other beverages in Keurig’s single-serve brewing systems."
2024-122 10-Sep-2024 Press Release--Administrative Proceeding
SEC Charges Keurig with Making Inaccurate Statements Regarding Recyclability of K-Cup Beverage Pod
On September 10, 2024, the SEC stated that: "[It] charged Keurig Dr Pepper Inc. with making inaccurate statements regarding the recyclability of its K-Cup single use beverage pods. To settle the SEC’s charges, Keurig agreed to pay a $1.5 million civil penalty."