KMX LAWSUIT ALERT: Levi & Korsinsky Notifies CarMax, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
CarMaxCarMax(US:KMX) Prnewswire·2025-11-07 21:00

Core Viewpoint - A class action securities lawsuit has been filed against CarMax, Inc. alleging securities fraud that affected investors between June 20, 2025, and September 24, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that defendants made false statements regarding CarMax's growth prospects, suggesting that earlier growth was a temporary benefit due to customer speculation about tariffs [2]. - It is alleged that the statements made by defendants about CarMax's business operations and prospects were materially false and misleading [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until January 2, 2026, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].