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CarMax, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - KMX
CarMaxCarMax(US:KMX) Prnewswire·2025-11-11 09:13

Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. for violations of the Securities Exchange Act, alleging that the company made false and misleading statements regarding its growth prospects during a specific period [1][2]. Summary by Sections Class Action Details - The class period for the lawsuit is from June 20, 2025, to September 24, 2025, with a deadline for lead plaintiff appointments set for January 2, 2026 [2]. - The complaint claims that CarMax's optimistic growth statements were misleading, as the company's recent growth was influenced by customer speculation about tariffs on vehicle purchases [2]. Investor Participation - Shareholders who purchased shares during the class period are encouraged to contact the DJS Law Group for potential participation in the lawsuit, with no obligation or cost to join [3]. Law Group Information - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4].