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ROSEN, THE FIRST FILING FIRM, Encourages CarMax, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KMX
Globenewswire· 2025-11-09 14:29
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased CarMax, Inc. securities between June 20, 2025, and November 5, 2025, alleging that the company made materially false and misleading statements regarding its growth prospects [1][5]. Group 1: Lawsuit Details - The class action lawsuit was expanded to include more investors, and a previous lawsuit has already been filed [1]. - Investors who purchased CarMax securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - The lawsuit claims that defendants overstated CarMax's growth prospects, attributing earlier growth to temporary benefits from customer speculation regarding tariffs [5]. Group 2: Next Steps for Investors - Investors wishing to join the CarMax class action can do so by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must move the Court by January 2, 2026, to represent other class members in the litigation [3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013, recovering hundreds of millions for investors [4].
ROSEN, SKILLED INVESTOR COUNSEL, Encourages America's Car-Mart, Inc. Investors to Inquire About Securities Class Action Investigation - CRMT
Newsfile· 2025-11-09 14:15
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of America's Car-Mart, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Legal Action and Investor Rights - Investors who purchased America's Car-Mart, Inc. securities may be entitled to compensation through a contingency fee arrangement, with no out-of-pocket costs [2]. - A class action is being prepared by Rosen Law Firm to seek recovery of investor losses [2]. Group 2: Company Performance and Market Reaction - On September 4, 2025, America's Car-Mart, Inc. reported a first-quarter loss of $0.69 per share, compared to a net loss of $0.15 per share in the same period the previous year [3]. - Following the release of these results, the stock of America's Car-Mart, Inc. fell by 18.2% on the same day [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked highly for the number of settlements [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].
KMX SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Announces that CarMax Investors Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-11-09 13:26
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against CarMax, Inc. due to allegations of misleading statements regarding the company's growth prospects and financial performance, particularly in light of recent financial disclosures and stock price decline [1][3][4]. Group 1: Allegations and Legal Actions - The complaint alleges that CarMax and its executives violated federal securities laws by making false and misleading statements about the company's growth prospects, which were overstated and based on temporary market conditions [3]. - Investors are reminded of the January 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against CarMax [1][5]. - The firm encourages anyone with information regarding CarMax's conduct, including whistleblowers and former employees, to come forward [6]. Group 2: Financial Performance - CarMax reported a decrease in income from CarMax Auto Finance by 11.2%, attributed to a $142.2 million provision for loan losses in the second quarter of fiscal 2026, compared to $112.6 million in the same period the previous year [4]. - The provision for loan losses included a $71.3 million increase in the estimate of lifetime losses on existing loans, primarily due to worsening performance among the 2022 and 2023 vintages [4]. - Following the financial results announcement, CarMax's stock price fell by $11.45 per share, approximately 20%, closing at $45.60 per share on September 26, 2025 [4].
KMX CLASS REMINDER: CarMax, Inc. Investors with Losses May have been Affected by Fraud – Contact BFA Law by January 2 Legal Deadline
Globenewswire· 2025-11-09 12:07
Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. and certain senior executives for securities fraud following a significant drop in stock price due to potential violations of federal securities laws [1][2]. Group 1: Lawsuit Details - Investors have until January 2, 2025, to request to lead the case, which is pending in the U.S. District Court for the District of Maryland [2]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of CarMax investors [2]. Group 2: Reasons for the Lawsuit - CarMax has been accused of misleading investors about the demand for its used cars, which was allegedly inflated by short-term factors such as U.S. tariffs [3]. - The company reported disappointing financial results for Q2 FY 2026, including a 5.4% decline in retail used unit sales and a net income drop from $132.8 million to $95.4 million year-over-year [5]. Group 3: Stock Performance - Following the announcement of poor financial results on September 25, 2025, CarMax's stock price fell by $11.45, or approximately 20%, from $57.05 to $45.60 per share [6]. - The unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary Q3 2025 outlook, led to an additional stock drop of over 24% [6].
ROSEN, A LEADING LAW FIRM, Encourages CarMax, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - KMX
Newsfile· 2025-11-09 01:10
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of CarMax, Inc. investors for securities purchased between June 20, 2025, and November 5, 2025, due to alleged misleading statements regarding the company's growth prospects [2][6]. Group 1: Lawsuit Details - The class action lawsuit claims that CarMax's defendants made materially false and misleading statements about the company's growth, overstating its prospects based on temporary benefits from customer behavior influenced by tariff speculation [6]. - Investors who purchased CarMax securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3]. Group 2: Next Steps for Investors - Investors interested in joining the CarMax class action can do so by visiting the provided link or contacting the law firm directly, with a deadline to serve as lead plaintiff by January 2, 2026 [4][7]. - It is noted that no class has been certified yet, and investors are encouraged to select qualified counsel with a proven track record in securities class actions [5][8]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong reputation in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [5]. - The firm has consistently ranked highly in terms of the number of securities class action settlements and has recovered hundreds of millions of dollars for investors over the years [5].
Robbins Geller Rudman & Dowd LLP Announces that CarMax, Inc. (KMX) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-11-08 16:00
Core Viewpoint - The CarMax class action lawsuit alleges that the company and its executives misrepresented growth prospects during a specific period, leading to significant investor losses when actual performance was revealed to be declining [3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Cap v. CarMax, Inc., and it involves purchasers of CarMax securities from June 20, 2025, to September 24, 2025, with a deadline of January 2, 2026, for lead plaintiff applications [1]. - Allegations include that CarMax overstated its growth due to temporary factors related to customer behavior influenced by tariff speculation [3]. - Following the release of second-quarter fiscal year 2026 results on September 25, 2025, which showed a 5.4% decrease in retail unit sales and a 6.3% decrease in comparable store unit sales, CarMax's share price fell approximately 20% [4]. Group 2: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased CarMax securities during the class period to seek lead plaintiff status, representing the interests of the class [5]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect the ability to share in any potential recovery [5]. Group 3: Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record, being ranked 1 in monetary relief for investors in securities class actions for four out of the last five years [6].
KMX DEADLINE: CarMax, Inc. Investors with Losses are Notified to Contact BFA Law before January 2 Securities Class Action Deadline
Newsfile· 2025-11-08 11:07
Core Viewpoint - CarMax, Inc. is facing a class action lawsuit for securities fraud following a significant drop in stock price attributed to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The class action lawsuit has been filed against CarMax and certain senior executives, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until January 2, 2025, to request to lead the case, which is pending in the U.S. District Court for the District of Maryland [3]. Group 2: Financial Performance - CarMax reported disappointing financial results for Q2 of fiscal year 2026, including a 5.4% decline in retail used unit sales, a 6.3% decline in comparable store used unit sales, and a 2.2% decline in wholesale units [6]. - The company's net income for Q2 was approximately $95.4 million, down from $132.8 million in the previous year [6]. Group 3: Stock Price Impact - Following the announcement of poor financial results on September 25, 2025, CarMax's stock price fell by $11.45 per share, or roughly 20%, from $57.05 to $45.60 [7]. - An additional drop of over 15% occurred after the unexpected departure of CEO Bill Nash and a weak preliminary Q3 2025 outlook on November 6, 2025 [7]. Group 4: Market Context - The lawsuit alleges that CarMax misrepresented the demand for its cars, which was temporarily boosted by U.S. tariffs, leading to a "pull forward" in demand prior to the tariffs taking effect [4][6]. - The unexpected departure of CEO Bill Nash is also under investigation to determine if CarMax properly assessed its portfolio of car loans [5].
1 Stock-Split Stock to Buy Now -- It Has More Upside Than Palantir Technologies, According to Wall Street
The Motley Fool· 2025-11-08 08:15
Group 1: Palantir Technologies - Palantir Technologies has seen a significant increase in stock price, climbing 130% this year, with a median target price of $200 per share from analysts, indicating a 17% upside potential from the current price of $171 [1][2] - The company introduced AIP in 2023, a large language model orchestration tool that enhances its core products, Gotham and Foundry, used for data unification and analytics [3] - Palantir's unique ontology-based software architecture integrates operational data and business assets, allowing for better decision-making and continuous improvements through machine learning [4] - Recognized as a market leader in decision intelligence and AI/ML platforms by IDC and Forrester Research, Palantir is well-positioned in a growing market, with data analytics spending expected to increase at 29% annually through 2030 [5] - Despite its advantages, Palantir is one of the most expensive software stocks, with a price-to-sales ratio of 115, significantly higher than its peers [6][7] Group 2: O'Reilly Automotive - O'Reilly Automotive operates approximately 6,500 stores across North America, serving both DIY and professional customers, benefiting from a robust distribution network [8] - The company reported a revenue increase of 8% to $4.7 billion in the third quarter, driven by new store openings and a 5.6% increase in same-store sales [10] - Wall Street estimates suggest O'Reilly's earnings will grow at 14% annually over the next three years, with a current valuation of 34 times earnings, which is considered somewhat expensive but manageable [11]
Rosen Law Firm Encourages America's Car-Mart, Inc. Investors to Inquire About Securities Class Action Investigation - CRMT
Prnewswire· 2025-11-07 22:20
Core Points - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of America's Car-Mart, Inc. due to allegations of materially misleading business information [1] - A class action is being prepared to seek recovery of investor losses, with no out-of-pocket fees for participants [2] - America's Car-Mart reported a first-quarter loss of $0.69 per share, compared to a net loss of $0.15 per share in the same period last year, leading to an 18.2% drop in stock price on September 4, 2025 [3] Group 1 - Rosen Law Firm is focusing on representing investors globally, particularly in securities class actions and shareholder derivative litigation [4] - The firm has a strong track record, having achieved significant settlements for investors, including over $438 million in 2019 [4] - Rosen Law Firm has been recognized as a leading firm in securities class action settlements, ranked No. 1 by ISS Securities Class Action Services in 2017 [4]
Deadline Alert: CarMax, Inc. (KMX) Shareholders Who Lost Money Urged to Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-11-07 21:36
Core Points - The article highlights the deadline of January 2, 2026, for investors to file a lead plaintiff motion in a class action lawsuit concerning CarMax, Inc. [1] - The class action is on behalf of investors who purchased or acquired CarMax securities during the period from June 20, 2025, to September 24, 2025 [1] Company Summary - CarMax, Inc. is the subject of a class action lawsuit, indicating potential legal challenges that may affect investor sentiment and stock performance [1] - The lawsuit involves investors who may have suffered losses during the specified class period, suggesting possible financial implications for the company [1]