The FBI has reportedly joined the SEC in investigating retiring Big Lots (BIG) CEO Steven...

|About: Big Lots, Inc. (BIG)|By:, SA News Editor

The FBI has reportedly joined the SEC in investigating 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. Big Lots has confirmed an earlier report that the SEC is probing Fishman and said that it's received a grand-jury subpoena from the U.S. attorney's office for records about his trading.