KMX Deadline Approaching on January 2, 2026: Kessler Topaz Meltzer & Check, LLP Reminds CarMax, Inc. (KMX) Investors of Class Action Lawsuit Deadline
CarMaxCarMax(US:KMX) Prnewswire·2025-12-11 18:16

Core Viewpoint - An amended securities class action lawsuit has been filed against CarMax, Inc., expanding the class period to include those who purchased or acquired CarMax securities between June 20, 2025, and November 5, 2025 [1] Group 1: Allegations Against CarMax - The complaint alleges that during the class period, CarMax's defendants made false and misleading statements regarding the company's growth prospects, which were overstated due to temporary benefits from customer purchases driven by tariff speculation [3] - It is claimed that the positive statements made by the defendants about CarMax's business and operations were materially misleading and lacked a reasonable basis throughout 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 in directing the litigation and is typically the investor or small group of investors with the largest financial interest [4] Group 3: Law Firm Background - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. plaintiff-side law firm specializing in securities-fraud class actions and global investor protection, representing both individual and institutional investors [5] - The firm has achieved significant recoveries in securities litigation and has received numerous accolades, including recognition from The National Law Journal and Law360 [5]