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Ryan & Maniskas, LLP Announces Investigation of Big Lots Inc.

WAYNE, Pa., Dec. 13, 2012 /PRNewswire/ -- Ryan & Maniskas, LLP(www.rmclasslaw.com/cases/big) has commenced an investigation into potential securities law violations by certain officers of Big Lots Inc. ("Big Lots" or the "Company") (NYSE: BIG). 

(Logo: http://photos.prnewswire.com/prnh/20121112/MM11729LOGO)

Big Lot shareholders should contact Richard A. Maniskas, Esquire at 877-316-3218 or at rmaniskas@rmclasslaw.com to learn more about this investigation.

Our investigation concerns the recent news of Big Lots receipt of a subpoena from the Manhattan United States Attorney's office on November 29, 2012 relating to the sale of stock by the Company's Chief Executive Steven Fishman.  Additionally, information obtained by the Wall Street Journal revealed that ten executives of Big Lots sold stock that was worth an aggregated $23 million during March, ahead of news that led the Company's stock to decline precipitously. All these trades were made outside of pre-arranged trading plans.

If you purchased Big Lot shares and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free: (877) 316-3218 or visit: www.rmclasslaw.com/cases/big.   You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com.  For more information about class action cases in general, please visit our website: www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm.  Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

CONTACT:   

Ryan & Maniskas, LLP


Richard A. Maniskas, Esquire


995 Old Eagle School Rd., Suite 311


Wayne, PA 19087


877-316-3218


rmaniskas@rmclasslaw.com


www.rmclasslaw.com/cases/big

 

SOURCE Ryan & Maniskas, LLP

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