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SEC Investigating Big Lots

The Securities and Exchange Commission is investigating a stock sale by Columbus-based Big Lots. 

The agency is investigating whether CEO Steve Fishman knew the discount retailer's sales were falling when he made a ten-million-dollar stock sale.  Fishman this week announced plans to retire next year. A spokesperson says the company denies any wrongdoing.

Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.