CarMax(US:KMX) Globenewswire·2025-12-08 20:07Core Viewpoint - The Gross Law Firm is notifying shareholders of CarMax, Inc. regarding a class action lawsuit due to allegations of misleading statements about the company's growth prospects during a specified period [1][3]. Group 1: Allegations and Class Period - The class period for the allegations is from June 20, 2025, to November 5, 2025 [3]. - The complaint claims that CarMax's growth was overstated, attributing earlier growth in the 2026 fiscal year to temporary factors related to customer behavior influenced by tariff speculation [3]. - It is alleged that the statements made by the defendants regarding CarMax's business and prospects were materially false and misleading, lacking a reasonable basis [3]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares of KMX during the class period are encouraged to register for the class action, with a deadline of January 2, 2026, to seek lead plaintiff status [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring system to receive updates on the case [4]. - Participation in the case incurs no cost or obligation for the shareholders [4]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors affected by deceit and illegal business practices, emphasizing the importance of responsible corporate behavior [5]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that led to inflated stock prices [5].