KMX Investors Have Opportunity to Lead CarMax, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Core Viewpoint - CarMax, Inc. is facing a class action lawsuit for securities fraud, with allegations of false and misleading statements regarding its growth prospects during the fiscal year 2026 [1][5]. Group 1: Lawsuit Details - The class action lawsuit is based on violations of the Securities Exchange Act of 1934, specifically §§10(b) and 20(a), and Rule 10b-5 [1]. - Investors who purchased CarMax securities between June 20, 2025, and September 24, 2025, are encouraged to participate in the lawsuit before January 2, 2026 [2]. - The lawsuit has not yet been certified, meaning potential class members are not currently represented by an attorney [4]. Group 2: Allegations Against CarMax - The complaint alleges that CarMax overstated its growth prospects, attributing early fiscal year 2026 growth to customer speculation about tariffs on vehicles [5]. - The public statements made by CarMax during the class period are claimed to be false and materially misleading, leading to investor damages once the truth was revealed [5].