KMX Investor Notice: Robbins LLP Reminds Investors of the Class Action Lawsuit Against CarMax, Inc.

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's stock price fell by $11.5 per share, or 20.07%, closing at $45.60 on September 25, 2025, after the company reported disappointing second-quarter results for fiscal year 2026 [2]. - The following day, the stock experienced an additional decline of 1.62%, closing at $44.86 [2]. - Plaintiffs claim that CarMax overstated its growth prospects, attributing earlier growth to temporary factors such as customer speculation regarding tariffs [3]. Group 2: Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their papers to the court by January 2, 2026 [4]. - Participation in the class action is not required to be eligible for recovery; shareholders can remain absent class members if they choose [4]. Group 3: Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is won [5].