Kessler Topaz Meltzer & Check, LLP - Class Action Announcement for DexCom, Inc. Investors: A Securities Fraud Class Action Lawsuit Was Filed Against CarMax, Inc.
Globenewswire·2025-11-11 16:04

Core Viewpoint - An amended securities class action lawsuit has been filed against CarMax, Inc., expanding the class period to include those who purchased CarMax securities between June 20, 2025, and November 5, 2025 [1] Allegations of Misconduct - The complaint alleges that Defendants made false and/or misleading statements regarding CarMax's growth prospects, claiming that earlier growth was a temporary benefit due to customer speculation about tariffs [3] - It is asserted that the positive statements made by Defendants about the company's business and operations were materially misleading and lacked a reasonable basis [3] Lead Plaintiff Process - CarMax investors can seek to be appointed as a lead plaintiff representative of the class by January 2, 2026, or may choose to remain an absent class member [4] - The lead plaintiff is typically the investor or small group of investors with the largest financial interest and who are representative of the proposed class [4] Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [5]