CarMax(US:KMX) Globenewswire·2025-11-10 13:15Core Viewpoint - Bernstein Liebhard LLP has initiated a securities fraud class action lawsuit against CarMax, Inc. for alleged misrepresentations regarding the company's growth prospects, affecting investors who purchased securities between June 20, 2025, and September 24, 2025 [2]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the District of Maryland on behalf of investors who acquired CarMax securities during the specified period, alleging violations of the Securities Exchange Act of 1934 [2]. - Investors wishing to serve as lead plaintiff must file papers by January 2, 2026, with the option to remain an absent class member if they choose not to take action [3]. Group 2: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since its establishment in 1993 and has represented both individual investors and large public and private pension funds [4]. - The firm has been recognized for its litigation success, being named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years [4].