CarMax, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - KMX
CarMaxCarMax(US:KMX) Prnewswire·2025-12-11 14:00

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of CarMax, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its growth prospects during a specified period [1]. Group 1: Allegations - The complaint claims that CarMax's defendants overstated the company's growth prospects, attributing earlier growth in the 2026 fiscal year to temporary factors related to customer behavior influenced by tariff speculation [1]. - It is alleged that the statements made by the defendants regarding CarMax's business operations and future prospects were materially false and lacked a reasonable basis throughout the relevant time [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as June 20, 2025, to November 5, 2025, and shareholders who purchased shares during this time are encouraged to contact the Gross Law Firm [1]. - The deadline for shareholders to register for the class action and seek lead plaintiff status is January 2, 2026 [2]. Group 3: Firm's Commitment - The Gross Law Firm is recognized nationally for its commitment to protecting investors' rights against deceit and illegal business practices, aiming to ensure companies adhere to responsible business practices [3].