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]

Core Viewpoint - A class action securities lawsuit has been filed against CarMax, Inc. alleging securities fraud that affected investors between June 20, 2025, and September 24, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that defendants made false statements regarding CarMax's growth prospects, suggesting that earlier growth was a temporary benefit due to customer speculation about tariffs [2]. - It is alleged that the statements made by defendants about CarMax's business operations and prospects were materially false and misleading [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe 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 [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].

Core Points - CarMax, Inc. experienced a significant drop in share price, falling as much as $9.48 (-23%) following the announcement of CEO Bill Nash's termination effective December 1, 2025 [1] - The company reported disappointing preliminary financial results for Q3 2026, forecasting a comparable store unit decrease of 8% - 12% and net EPS between $0.18 - $0.36, which is below analysts' expectations of $0.69 [2] - A securities class action has been filed against CarMax, with the firm Hagens Berman investigating claims related to the company's disclosures about its business model and growth prospects [3][4] Financial Performance - CarMax's Q2 2026 results showed a year-over-year net EPS decline of 24%, with retail used unit sales down 5.4% and comparable store used unit sales down 6.3% [5] - The CarMax Auto Finance (CAF) loan portfolio faced scrutiny, reporting an 11.02% revenue decline year-over-year due to a $142 million loan loss provision, which is a nearly 40% sequential increase and approximately 24% year-over-year jump [6] Legal and Regulatory Issues - The class action lawsuit focuses on allegations that CarMax misled investors regarding its growth prospects and the quality of its CAF portfolio [4][7] - Hagens Berman is urging investors who suffered losses to come forward, with a lead plaintiff deadline set for January 2, 2026 [3]

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]. Company Overview - CarMax, Inc. is a leading retailer of used cars, which has recently faced legal challenges and stock price volatility [3]. Legal Proceedings - Investors have until January 2, 2025, to request to lead the case in the U.S. District Court for the District of Maryland, under the case caption Jason Cap v. CarMax, Inc., et al. [2]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of CarMax investors [2]. Financial Performance - CarMax reported disappointing financial results for Q2 of fiscal year 2026, with 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 [5]. - The net income for the second quarter was approximately $95.4 million, down from $132.8 million in the previous year [5]. Stock Price Movement - Following the announcement of poor financial results on September 25, 2025, CarMax's stock price fell by $11.45 per share, or about 20%, from $57.05 to $45.60 [6]. - An unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary Q3 2025 outlook, led to an additional drop of over 15% in stock price [6].

Core Viewpoint - The CarMax class action lawsuit alleges that the company and its executives misrepresented growth prospects, leading to significant investor losses during the specified class period [3][4]. Group 1: Class Action Details - The class action lawsuit is titled Cap v. CarMax, Inc., and it allows investors who purchased CarMax securities between June 20, 2025, and September 24, 2025, to seek lead plaintiff status by January 2, 2026 [1][5]. - The lawsuit claims that CarMax's growth in fiscal year 2026 was overstated and was primarily driven by temporary factors related to customer behavior influenced by tariff speculation [3][4]. Group 2: Financial Performance - On September 25, 2025, CarMax reported a 5.4% decrease in retail unit sales and a 6.3% decrease in comparable store unit sales for the second quarter of fiscal year 2026 [4]. - The company's net earnings per diluted share fell to $0.64 from $0.85 a year ago, which contributed to a 20% drop in share price following the announcement [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is leading the class action, known for its significant recoveries in securities fraud cases, having secured over $2.5 billion for investors in 2024 alone [6].

Core Viewpoint - Rosen Law Firm has expanded the class period for a securities class action lawsuit against CarMax, Inc. to include investors who purchased securities between June 20, 2025, and November 5, 2025, indicating potential misrepresentation of the company's growth prospects [1][5]. Group 1: Class Action Details - The class action lawsuit allows investors who purchased CarMax securities during the specified period to seek compensation without incurring out-of-pocket fees through a contingency fee arrangement [2]. - Investors wishing to serve as lead plaintiff must file a motion with the court by January 2, 2026 [3]. Group 2: Allegations Against CarMax - The lawsuit alleges that CarMax's defendants made materially false and misleading statements regarding the company's growth prospects, claiming that earlier growth was a temporary benefit due to speculation about tariffs [5]. - It is asserted that the defendants' statements about CarMax's business operations and prospects lacked a reasonable basis, leading to investor damages when the true information became public [5]. Group 3: Rosen Law Firm's 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 consistently ranked highly in securities class action settlements, recovering hundreds of millions of dollars for investors, with over $438 million secured in 2019 alone [4].

Core Viewpoint - CarMax, Inc. has experienced a significant decline in share price following the announcement of CEO Bill Nash's termination and disappointing preliminary financial results for Q3 2026, indicating potential issues with the company's business model and growth prospects [1][2]. Financial Performance - CarMax forecasts a comparable store unit decrease of 8% - 12% and net EPS in the range of $0.18 - $0.36, which is below analysts' expectations of $0.69 [2]. - The company reported a year-over-year net EPS decline of 24%, with retail used unit sales falling by 5.4% and comparable store used unit sales decreasing by 6.3% [5]. - CarMax Auto Finance (CAF) revenue declined by 11.02% year-over-year, attributed to a $142 million loan loss provision, marking a nearly 40% sequential increase and approximately 24% year-over-year jump [6]. Legal Issues - A securities class action has been filed against CarMax, focusing on allegations that the company misled investors regarding its business model and growth prospects during the class period from June 20, 2025, to September 24, 2025 [3][4]. - The complaint claims that CarMax's positive Q1 2026 results were misleading, as they were influenced by consumers pulling forward car purchases to avoid tariffs [4]. - The investigation by Hagens Berman is centered on whether CarMax intentionally misled investors about the strength of its business model and the quality of its CAF portfolio [7].

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, due to alleged misleading statements regarding the company's 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 specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - The lawsuit claims that defendants made materially false and misleading statements about CarMax's growth, overstating its prospects based on temporary benefits from customer behavior related to tariff speculation [5]. 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 [3][6]. - A lead plaintiff must file a motion with the court by January 2, 2026, to represent other class members in the litigation [3]. Group 3: Rosen Law Firm's 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 consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].

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: Investigation and Legal Action - Shareholders who purchased America's Car-Mart, Inc. securities may be entitled to compensation through a contingency fee arrangement, with a class action being prepared to recover investor losses [2]. - The investigation follows a significant stock price drop of 18.2% on September 4, 2025, after the company reported a first-quarter loss of 69 cents per share, compared to a net loss of 15 cents per share in the previous year [3]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering hundreds of millions of dollars for investors [4]. - The firm has been recognized for its performance in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [4].

Core Points - The CarMax class action lawsuit has been initiated against CarMax, Inc. and certain executives for alleged violations of the Securities Exchange Act of 1934 during the Class Period from June 20, 2025, to September 24, 2025 [1][3] - Investors who suffered losses during the Class Period have until January 2, 2026, to seek appointment as lead plaintiff in the lawsuit [1][5] - The lawsuit claims that CarMax overstated its growth prospects, attributing earlier growth to temporary factors related to customer behavior influenced by tariff speculation [3][4] Financial Performance - CarMax reported a 5.4% decrease in retail unit sales and a 6.3% decrease in comparable store unit sales for the second quarter of fiscal year 2026 [4] - Net earnings per diluted share fell to $0.64 from $0.85 a year ago, leading to a significant drop of approximately 20% in CarMax's share price following the announcement [4] 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] About the Law Firm - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing 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 action cases for four out of the last five years [6]