Keurig Green Mountain To Pay $36.5 Million To Settle Securities Fraud Suit

Keurig Green Mountain, Inc. has agreed to pay a settlement of $36.5 million in a securities fraud suit that involved misleading shareholders about sales and revenue expectations in 2011, reports law firm Stoll Berne. Keurig was accused of inflating the demand for its K-Cups(R) and then showing much of it was due to building up inventory in 2011, according to the article.