2 unchanged sentences
See Note 14 of the Notes to our Unaudited Condensed Consolidated Financial Statements for more information related to commitments and contingencies, which is incorporated herein by reference.
−Removed: The Staff of the SEC (the “Staff”) is investigating certain statements by the Company regarding the recyclability of our K-Cup pods, including statements in prior Exchange Act reports.
−Removed: We have been cooperating with this investigation and responding to the Staff’s various requests for information.
−Removed: In the course of cooperating with this investigation, we have reviewed our prior statements about the recyclability of K-Cup pods, and we continue to believe they were appropriate, accurate and in compliance with the securities laws.
−Removed: We cannot predict the timing or eventual outcome of this investigation, but do not expect it to have a material impact on the Company.
+Added: The Staff of the SEC (the “Staff”) has been investigating certain statements by the Company in its prior Exchange Act reports regarding the recyclability of our K-Cup pods.
+Added: We have been cooperating with this investigation and have now reached what we believe to be an agreement in principle with the Staff to resolve the matter.
+Added: This agreement is subject to finalizing documentation and must be approved by the SEC.
+Added: If approved, this agreement, which includes a $1.5 million penalty, would not have a material impact on the Company.
There have been no material changes from the risk factors set forth in Part I, Item 1A in our Annual Report.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.