Big Lots, Inc. : The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by Big Lots Inc.
05/01/2012| 05:30pm US/Eastern
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Levi & Korsinsky is investigating potential claims on behalf of
purchasers of Big Lots Inc. ("Big Lots" or the "Company") (NYSE: BIG)
stock concerning possible breaches of fiduciary duty.
For more information, click here: http://www.zlk.com/big-lots-big.
On April 24, 2012, shares of Big Lots fell 24% after the Company
projected an unexpected decline in sales. In addition, Big Lots has
spent $46 million to repurchase 1.3 million shares in the fourth
quarter, while numerous insiders have sold a total of approximately
900,000 shares and options over the past year.
If you own Big Lots stock and wish to obtain additional information
about the investigation and your legal rights, please contact Joseph E.
Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com.
Levi & Korsinsky is a national firm with offices in New York and
Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of investors. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky,
Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel:
212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com
© Business Wire 2012
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