Defendant Name: Keurig Dr Pepper Inc.

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

Document Reference: 34-100983

Document Details

Legal Case Name In the Matter of Keurig Dr Pepper, Inc.
Document Name 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
Document Date 10-Sep-2024
Document Format Administrative Proceeding
File Number 3-22100
Allegation Type Issuer Reporting and Disclosure
Document Summary 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."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Monetary Penalties:

Civil Penalty

Individual:     $1,500,000.00 Shared:    

Related Documents:

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."