Levi & Korsinsky Notifies CarMax, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - KMX
CarMaxCarMax(US:KMX) Prnewswire·2025-12-26 14:00

Core Viewpoint - A class action securities lawsuit has been filed against CarMax, Inc. alleging securities fraud that affected investors between June 20, 2025, and November 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that defendants made false statements and concealed information regarding CarMax's growth prospects, suggesting that the growth was artificially inflated due to temporary factors such as speculation about tariffs [2]. - It is alleged that the statements made by the defendants about CarMax's business operations and future prospects were materially false and misleading [2]. Group 2: Investor Information - Investors who suffered losses during the specified time frame have until January 2, 2026, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].