The SEC reportedly launches a probe of retiring Big Lots (BIG) CEO Steven Fishman for selling...


The SEC reportedly launches a probe of retiring Big Lots (BIG) CEO Steven Fishman for selling $10M of the company's stock in March, just over a month before the firm reported slowing Q1 sales, which sent shares plunging 24% in one day. Fishman, whose retirement was announced yesterday, sold the stock outside of his 10b5-1 preset trading plan. (See WSJ investigation)

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