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, with a lead plaintiff deadline set for January 2, 2026 [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, overstating them based on temporary benefits from customer behavior influenced by tariff speculation [2]. - It is claimed that the positive statements made by the defendants about CarMax's business operations and prospects were materially misleading and lacked a reasonable basis throughout the relevant times [2]. Group 2: Lead Plaintiff Process - Investors in CarMax may seek to be appointed as lead plaintiff representatives of the class by January 2, 2026, or may choose to remain absent class members [3]. - The lead plaintiff will act 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 [3]. Group 3: Law Firm Information - 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 [4]. - The firm has achieved significant recoveries in securities litigation and has received numerous accolades for its work in this field [4].
CarMax, Inc. Investors: January 2, 2026 Filing Deadline in Securities Class Action - Contact Kessler Topaz Meltzer & Check, LLP