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.

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.

Former WWE chairman, CEO and head of creative Vince McMahon reached a $1.7 million settlement with the Securities and Exchange Commission on Friday

"In the end, there was never anything more to this than minor accounting errors," McMahon says in a statement.

Former WWE impresario Vince McMahon agrees to settle allegations by the SEC that he paid millions in hush money to two women without telling his board.

Vince McMahon has settled with the SEC. In 2022, The Wall Street Journal reported that McMahon paid $12 million to suppress alleged sexual misconduct and infidelity over 16 years. WWE announced in November 2022 that their investigation into this alleged misconduct was complete.

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, 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 two settlement agreements without disclosing them to company officials.

Janel Grant, who is suing Vince McMahon for sexual abuse, misconduct, and human trafficking, issued a statement on McMahon's Friday SEC settlement regarding improper hush money payments.

The SEC says it has settled charges against former WWE CEO Vince McMahon over his failure to disclose that he signed two settlement agreements worth $10.5 million with two women in order for them not to reveal potential claims against himself and WWE.

Vince McMahon agreed to pay $1.7 million to settle Securities and Exchange Commission charges over settlements he made on behalf of himself and World Wrestling Entertainment without properly disclosing them to the company’s board of directors,