Kessler Topaz Meltzer & Check, LLP Notifies CarMax, Inc. Investors of Upcoming Deadline in Securities Fraud Class Action Lawsuit

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 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] Group 2: Legal Process and Participation - CarMax investors can seek to be appointed as a lead plaintiff representative of the class by January 2, 2026, or may choose to remain absent [4] - The lead plaintiff will act on behalf of all class members and select counsel to represent the class, with the ability to share in any recovery not affected by the decision to serve as a lead plaintiff [4] Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is encouraging CarMax investors who have suffered significant losses to contact the firm for more information [5] - The firm has a global reputation for excellence in prosecuting class actions and has recovered billions for victims of fraud and corporate misconduct [5]