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Subway on reports of raid at spokesman Jared Fogle's home: 'We are shocked'

Subway expressed concern about reports Tuesday that the home of longtime spokesman Jared Fogle had been raided by federal authorities, saying officials were "shocked" and "monitoring the situation closely."

"We are shocked about the news and believe it is related to a prior investigation of a former Jared Foundation employee. We are very concerned and will be monitoring the situation closely. We don’t have any more details at this point," a Subway spokesman said in a statement.

According to local station WTHR-TV, Fogle's Zionsville, Ind., home was raided by federal and state agents around 6:30 a.