In addition, without confirming or denying the SEC's charges, Chief Executive Officer Michael Dell and former CEO Kevin Rollins each agreed to pay $4 million, the Austin American-Statesman reported. Jim Schneider, Dell's former chief financial officer, will pay $3 million, bringing the total settlement to $111 million.
In 2005, Dell and some of its key executives were accused by the SEC of not disclosing more than $4.2 million in rebates from computer chipmaker Intel Corp.
An internal company e-mail quoted in the SEC's complaint indicated Dell was depending on the payments from Intel, the newspaper said.
A March 2004 e-mail showed Dell's chief accounting officer told Michael Dell, Rollins and Schneider the company would be able to meet Wall Street analyst estimates "as long as we get $75 million from Intel.
Dell announced it was taking a $100 million charge against first-quarter earnings in June.
"We are pleased to have resolved this matter," Michael Dell said in a statement. "We are committed to maintaining clear and accurate reporting of our periodic results, supporting our customers and executing our growth strategy."