SEC said two executives didn’t file reports on time.

The Securities and Exchange Commission announced that it had settled charges against Henry L. Lee Jr., chairman of Lee Pharmaceuticals of South El Monte, and William Ziegler, chairman of American-Maize Products of Stamford, Conn., that they repeatedly filed late reports of their transactions in their companies’ stock in 1984 and 1985. The charges were settled without the executives admitting or denying any wrongdoing.