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Press release from Business Wire

Holzer Holzer & Fistel, LLC Announces Investigation into Big Lots, Inc.

Thursday, April 26, 2012

Holzer Holzer & Fistel, LLC Announces Investigation into Big Lots, Inc.10:17 EDT Thursday, April 26, 2012 ATLANTA (Business Wire) -- Holzer Holzer & Fistel, LLC is investigating potential violations of the federal securities laws by Big Lots, Inc. (“Big Lots” or the “Company”) (NYSE: BIG). The investigation focuses on whether a series of statements made between February 2, 2012 and April 23, 2012, inclusive, regarding the Company's business, its prospects and its operations were materially false and misleading at the time they were made. Specifically, the investigation seeks to determine, among other things, whether Big Lots knew but failed to adequately disclose that its electronic products business was being negatively affected by shoppers transitioning to online shopping, and whether the Company concealed material information regarding deterioration in its consumables line. If you purchased Big Lots common stock between February 2, 2012 and April 23, 2012 and have questions concerning your legal rights, you are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832. Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content. Holzer Holzer & Fistel, LLCMichael I. Fistel, Jr., Esq., 888-508-6832 (toll-free)mfistel@holzerlaw.comorMarshall P. Dees, Esq., 888-508-6832 (toll-free)mdees@holzerlaw.com