SAN FRANCISCO, Nov. 04, 2025 (GLOBE NEWSWIRE) -- A securities fraud class action, styled Cap v. CarMax, Inc., et al., No.1:25-cv-03602-JKB (D. Md.) seeks to represent investors who purchased or otherwise acquired publicly traded CarMax, Inc. (NYSE: KMX) securities between June 20, 2025 and September 24, 2025. The lawsuit follows a sharp sell-off on September 25, 2025, with the stock plummeting nearly 20% following the release of its second-quarter 2026 financial results. The catalyst for the decline was a s ...

What to do next: To join the CarMax class action, go to https://rosenlegal.com/submit-form/?case_id=47077 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 2, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage invest ...

NEW YORK, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX) between June 20, 2025 and September 24, 2025, inclusive. For more information, submit a form at CarMax, Inc. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@bernlieb.com, or call us at (212) 95 ...

NEW YORK--(BUSINESS WIRE)---- $KMX #BFA--BFA Law announces that a class action lawsuit has been filed against CarMax, Inc. for securities fraud after significant stock drop. ...

NEW YORK--(BUSINESS WIRE)---- $KMX #CarMax--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against CarMax, Inc. ("CarMax†or the "Company†) (NYSE: KMX) and reminds investors of the January 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recov. ...

NEW YORK, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of Maryland on behalf of all persons or entities 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”). The Complaint alleges that Defendants made false and/or misleading statements and/or failed to dis ...

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In CarMax (KMX) To Contact Him Directly To Discuss Their Options If you purchased or acquired CarMax securities between June 20, 2025 and September 24, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Nov. 04, 2025 (GLOBE NEWSWIRE) -- What’s Happening: Bragar ...

Core Viewpoint - The CarMax class action lawsuit alleges that the company and its executives misrepresented growth prospects, leading to significant investor losses during the specified class period [3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Cap v. CarMax, Inc., and it involves purchasers of CarMax securities from June 20, 2025, to September 24, 2025 [1]. - Investors have until January 2, 2026, to apply for lead plaintiff status in the lawsuit [1]. - The lawsuit claims that CarMax's growth in fiscal year 2026 was overstated and was primarily driven by temporary factors related to customer behavior influenced by tariff speculation [3]. Group 2: Financial Impact - On September 25, 2025, CarMax reported a 5.4% decrease in retail unit sales and a 6.3% decrease in comparable store unit sales for the second quarter of fiscal year 2026 [4]. - The company's net earnings per diluted share fell to $0.64 from $0.85 a year ago, contributing to a 20% drop in share price following the announcement [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased CarMax securities during the class period to seek lead plaintiff status [5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm for litigation [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record, including the largest securities class action recovery in history at $7.2 billion from the Enron case [6].

Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. for allegedly misleading investors about its growth prospects during the fiscal year 2026, following disappointing financial results that led to a significant drop in stock price [1][2][3]. Group 1: Allegations and Financial Impact - CarMax reported disappointing financial results for Q2 of fiscal year 2026 on September 25, 2025, resulting in a stock price decline of $11.5 per share, or 20.07%, closing at $45.60 [2]. - The following day, the stock fell an additional 1.62%, closing at $44.86 [2]. - Plaintiffs allege that CarMax's growth was overstated and that the earlier growth was a temporary effect due to customer speculation regarding tariffs [3]. Group 2: Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their papers by January 2, 2026, to represent other class members in the litigation [4]. - Shareholders can remain absent class members and are not required to participate in the case to be eligible for recovery [4]. - All legal representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [4].

Core Viewpoint - CarMax, Inc. is facing a lawsuit for alleged violations of securities laws, which may impact its financial standing and investor confidence [1] Group 1 - The lawsuit has been initiated by the DJS Law Group, indicating potential legal challenges for CarMax [1] - The nature of the securities law violations has not been detailed in the provided information, but such allegations typically involve misleading statements or omissions that could affect stock prices [1] - Investors are encouraged to discuss their rights in light of the lawsuit, suggesting that there may be broader implications for shareholder interests [1]