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CLASS ACTION NOTICE FOR KMX: Kessler Topaz Meltzer & Check, LLP Reminds CarMax, Inc. Shareholders of Securities Fraud Class Action Lawsuit and Encourages Investors with Losses to Contact the Firm
CarMaxCarMax(US:KMX) Globenewswireยท2025-11-25 00:04

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] Group 1: Allegations Against CarMax - The complaint alleges that CarMax's defendants made false and misleading statements regarding the company'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 the defendants about CarMax's business and operations were materially misleading and lacked a reasonable basis during the relevant times [3] Group 2: Legal Process and Participation - Investors in CarMax have until January 2, 2026, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [4] - A lead plaintiff acts on behalf of all class members and is typically the investor or small group of investors with the largest financial interest [4] Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions of dollars for victims of fraud and corporate misconduct [5]