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ROSEN, GLOBAL INVESTOR COUNSEL, Encourages CarMax, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - KMX
Newsfile· 2025-11-10 21:34
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages CarMax, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - KMXNovember 10, 2025 4:34 PM EST | Source: The Rosen Law Firm PANew York, New York--(Newsfile Corp. - November 10, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of CarMax, Inc. (NYSE: KMX) between June 20, 2025 and November 5, 2025, ...
Lost Money on CarMax, Inc.(KMX)? Join Class Action Suit Seeking Recovery – Contact The Gross Law Firm
Globenewswire· 2025-11-10 20:27
NEW YORK, Nov. 10, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of CarMax, Inc. (NYSE: KMX). Shareholders who purchased shares of KMX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/carmax-inc-loss-submission-form/?id=176091&from=3 CLASS PERIOD: June 20, 2025 to Septembe ...
Deadline Alert: CarMax, Inc. (KMX) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2025-11-10 19:08
LOS ANGELES, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming January 2, 2026 to deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX) securities between June 20, 2025 and September 24, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR CARMAX INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVE ...
Shareholders who lost money in shares of CarMax, Inc. (NASDAQ: KMX) Should Contact Wolf Haldenstein Immediately
Globenewswire· 2025-11-10 16:36
Core Viewpoint - A federal securities class action lawsuit has been filed against CarMax, Inc. and certain executives for alleged violations of federal securities laws, specifically for misleading investors regarding the company's growth prospects [1][7]. Summary by Relevant Sections Class Action Details - The class period for the lawsuit is from June 20, 2025, to September 24, 2025 [2]. - Investors who acquired CarMax securities during this period can move to be appointed lead plaintiff by January 2, 2026 [3]. Allegations Against CarMax - CarMax and its executives are accused of violating the Securities Exchange Act of 1934 by overstating growth prospects [7]. - The growth reported in early FY2026 was allegedly temporary, driven by short-term customer purchases related to tariff speculation [7]. Financial Performance - On September 25, 2025, CarMax disclosed disappointing Q2 FY2026 results: - Retail unit sales decreased by 5.4% [7]. - Comparable store unit sales fell by 6.3% [7]. - Net earnings per diluted share were $0.64, down from $0.85 a year earlier [7]. - Following the announcement of these results, CarMax's stock price dropped approximately 20% [7].
KMX INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that CarMax, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Businesswire· 2025-11-10 14:25
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning CarMax business and prospects, resulting in its stock trading at inflated prices. ...
January 2, 2026 Deadline Approaching: Join Class Action Against CarMax, Inc. (KMX) - Contact Levi & Korsinsky
Newsfile· 2025-11-10 13:52
New York, New York--(Newsfile Corp. - November 10, 2025) - If you suffered a loss on your CarMax, Inc. (NYSE: KMX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:https://zlk.com/pslra-1/carmax-inc-lawsuit-submission-form?prid=176443&wire=5&utm_campaign=30or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates.THE LAWSUIT: A clas ...
KMX LAWSUIT ALERT: The Gross Law Firm Notifies CarMax, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-11-10 13:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of CarMax, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its growth prospects during a specified period [1]. Group 1: Allegations - The complaint claims that CarMax's defendants overstated the company's growth prospects, attributing earlier growth in the 2026 fiscal year to temporary factors related to customer behavior influenced by tariff speculation [1]. - It is alleged that the statements made by the defendants regarding CarMax's business operations and future prospects were materially false and lacked a reasonable basis throughout the relevant time [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as June 20, 2025, to September 24, 2025, and shareholders are encouraged to register for participation [2]. - The deadline for shareholders to seek lead plaintiff status is January 2, 2026, and there is no cost or obligation for participation in the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered losses due to deceit, fraud, and illegal business practices, emphasizing the importance of responsible business conduct [3].
CARMAX, INC. (NYSE: KMX) DEADLINE ALERT Bernstein Liebhard LLP Reminds CarMax, Inc. Investors of Upcoming Deadline
Globenewswire· 2025-11-10 13:15
NEW YORK, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of CarMax, Inc. (NYSE: KMX)?Did you purchase your shares between June 20, 2025 and September 24, 2025, inclusive?Did you lose money in your investment in CarMax, Inc.?Do you want to discuss your rights? Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX) investors of an upcoming deadline involving a securities fraud class action ...
KMX STOCK NOTICE: CarMax, Inc. Investors with Losses may have been Misled by the Company and are Urged to Contact BFA Law by January 2 Deadline
Newsfile· 2025-11-10 11:08
Core Viewpoint - CarMax, Inc. is facing a class action lawsuit for securities fraud following a significant drop in stock price attributed to misleading statements regarding demand and financial performance [2][4]. Group 1: Lawsuit Details - A class action lawsuit has been filed against CarMax and its senior executives for securities fraud, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [4]. - Investors have until January 2, 2025, to request to lead the case, which is pending in the U.S. District Court for the District of Maryland [4]. - The lawsuit alleges that CarMax misled investors about the sustainability of demand for its vehicles, particularly in light of U.S. tariffs on cars [5]. Group 2: Financial Performance - CarMax reported disappointing financial results for Q2 of fiscal year 2026, including a 5.4% decline in retail used unit sales, a 6.3% decline in comparable store used unit sales, and a 2.2% decline in wholesale units [7]. - The company's net income for Q2 was approximately $95.4 million, down from $132.8 million in the previous year [7]. - The decline in sales was attributed to a "pull forward" in demand due to the announcement of tariffs, which led to a temporary increase in purchases before the tariffs took effect [7]. Group 3: Stock Price Reaction - Following the disappointing financial results announced on September 25, 2025, CarMax's stock price dropped by $11.45 per share, or roughly 20%, from $57.05 to $45.60 [8]. - An additional drop of over 24% occurred after the unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary outlook for Q3 2025 [8].
ROSEN, THE FIRST FILING FIRM, Encourages CarMax, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KMX
Globenewswire· 2025-11-09 14:29
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased CarMax, Inc. securities between June 20, 2025, and November 5, 2025, alleging that the company made materially false and misleading statements regarding its growth prospects [1][5]. Group 1: Lawsuit Details - The class action lawsuit was expanded to include more investors, and a previous lawsuit has already been filed [1]. - Investors who purchased CarMax securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - The lawsuit claims that defendants overstated CarMax's growth prospects, attributing earlier growth to temporary benefits from customer speculation regarding tariffs [5]. Group 2: Next Steps for Investors - Investors wishing to join the CarMax class action can do so by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must move the Court by January 2, 2026, to represent other class members in the litigation [3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013, recovering hundreds of millions for investors [4].