Core Viewpoint - Rosen Law Firm has expanded the class period for a securities class action lawsuit against CarMax, Inc. to include investors who purchased securities between June 20, 2025, and November 5, 2025, indicating potential misrepresentation of the company's growth prospects [1][5]. Group 1: Class Action Details - The class action lawsuit allows investors who purchased CarMax securities during the specified period to seek compensation without incurring out-of-pocket fees through a contingency fee arrangement [2]. - Investors wishing to serve as lead plaintiff must file a motion with the court by January 2, 2026 [3]. Group 2: Allegations Against CarMax - The lawsuit alleges that CarMax's defendants made materially false and misleading statements regarding the company's growth prospects, claiming that earlier growth was a temporary benefit due to speculation about tariffs [5]. - It is asserted that the defendants' statements about CarMax's business operations and prospects lacked a reasonable basis, leading to investor damages when the true information became public [5]. Group 3: Rosen Law Firm's 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 consistently ranked highly in securities class action settlements, recovering hundreds of millions of dollars for investors, with over $438 million secured in 2019 alone [4].
KMX CLASS ACTION UPDATE: Rosen Law Firm Expands Class Period to Include More CarMax, Inc. Investors in Securities Class Action First Filed by the Firm - KMX