The Securities and Exchange Commission said it reached a settlement agreement with WWE co-founder Vince McMahon, which requires he pay a civil penalty and reimburse the WWE $1.33 million following a yearslong probe over administrative charges.

Vince McMahon, the co-founder and former CEO of WWE, has been charged by the U.S. Securities and Exchange Commission (SEC) for violating federal securities laws by failing to disclose two settlement agreements totaling $10.5 million.

The Securities and Exchange Commission says that it has reached a settlement deal with former WWE CEO Vince McMahon relating to undisclosed payments to an employee and an independent contractor with whom he allegedly had relationships with. McMahon will pay a $400,000 civil penalty, and will reimburse the WWE more than $1.3 million.

Vince McMahon, who left his longtime perch at WWE under a cloud last year, is paying more than $1.7 million to settle charges from the SEC alleging he failed to disclose hush money payments to two women https://t.co/wkDcf0xA1C

Vince McMahon, the former executive chairman and CEO of World Wrestling Entertainment, has agreed to pay $1.7 million in fines and restitution for violating U.S. securities laws, authorities said Friday.

Just days after World Wrestling Entertainment debuted to impressive viewership numbers on Netflix, the founder and former head honcho of the company, Vince McMahon, cast a bit of a pall on all the good news.

May 18, 2012. (AP Photo/Jessica Hill, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] The Securities and Exchange Commission says that it has settled charges against former WWE CEO Vince McMahon over his failure to disclose to ...

McMahon settled SEC charges for bypassing WWE’s controls, causing financial misstatements and undisclosed payments.

WASHINGTON/NEW YORK (Reuters) - Vince McMahon, the former World Wrestling Entertainment chief executive, settled U.S. Securities and Exchange Commission charges he concealed from the company's board two settlement agreements worth $10.5 million with women who had potential claims against him.

Vince McMahon, the former chief executive of World Wrestling Entertainment, agreed to pay more than $1.7 million to settle U.S. Securities and Exchange Commission charges he signed

The Securities and Exchange Commission said it found that McMahon violated the Securities Exchange Act by "knowingly circumventing WWE's internal ... past four years. U.S. News // 14 hours ago ...

WASHINGTON/NEW YORK (Reuters) - Vince McMahon, the former World Wrestling Entertainment chief executive, settled U.S. Securities and Exchange Commission ... circumvented WWE's internal accounting ...