The Securities and Exchange Commission says that it has settled charges against former WWE CEO Vince McMahon over his failure to disclose to the sports entertainment company's board and others that he signed two settlement agreements worth $10.

The former head of World Wrestling Entertainment has reportedly settled with the SEC and will pay a fine and reimburse WWE for the funds uses.

WWE co-founder Vince McMahon will pay more than $1.7 million in charges. The Securities and Exchange Commission has said that Vince McMahon will pay more than $1.7 million for failing to disclose payment agreements related to the sexual assault charges.

Vince McMahon, the billionaire former wrestling executive, was indicted on Friday on charges of failing to disclose to World Wrestling Entertainment two settlement agreements he executed on the company's behalf,

World Wrestling Entertainment founder Vince McMahon will pay more than $1.7 million after he was accused of not disclosing payment agreements related to sexual misconduct with two women, officials said.

Former WWE chief Vince McMahon is paying more than $1.7 million to settle SEC charges related to his failure to disclose hush money payments to two women.

After being charged with failing to disclose his settlement agreements with his Board, Vince McMahon has agreed to a settlement with the SEC. McMahon will pay a $400,000 civil penalty and

CNBC first reported the news of McMahon resolving the charges. The SEC says McMahon agreed to pay a $400,000 civil penalty and reimburse the WWE $1.33 million after consenting to an order finding that he violated the Securities Exchange Act.

McMahon stepped down as executive chairman of WWE’s parent company. Grace Harrington. Breaking News Intern.

The wrestling entrepreneur settled charges he failed to properly disclose payments to women alleging sexual misconduct.