Judge Certifies Class In Big Lots Securities Class Action Lawsuit

Mealey's (March 21, 2017, 10:31 AM EDT) -- COLUMBUS, Ohio — Class certification in a shareholder lawsuit against a broad line closeout retailer and certain of its executive officers is proper because the lead plaintiff in the action has met all statutory requirements needed for certification, a federal judge in Ohio ruled March 17 (Alan Willis v. Big Lots Inc., et al., No. 12-0604, S.D. Ohio, 2017 U.S. Dist. LEXIS 38926)....