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.

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 Dr Pepper agreed to a $1.5 million civil penalty but neither admitted or denied allegations it made inaccurate statements regarding its K-Cup pods.

The Securities and Exchange Commission said Tuesday that it has charged Keurig Dr Pepper with making inaccurate statements about the recyclability of its K-Cup pods.

Keurig agreed to pay $1.5 million in penalties — without admitting guilt or denying the SEC's findings that the K-Cup pod producer made inaccurate claims regarding the recyclability of those pods.

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.

The company claimed its pods could be recycled anywhere, even though the two biggest recycling companies in the U.S. said they wouldn’t take them, regulators said.

Keurig Dr Pepper Inc agreed to pay a $1.5 million fine to settle U.S. Securities and Exchange Commission charges that the beverage company made inaccurate statements regarding the recyclability of its 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. AP Photo/Richard Drew

Despite claims by Keurig, a redesign of its plastic K-Cup products did not make them suitable for all curbside recycling.