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Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm Encourages CarMax, Inc. (KMX) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2025-11-05 17:00
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired CarMax, Inc. ("CarMax†or the "Company†) (NYSE: KMX) securities between June 20, 2025 and September 24, 2025, inclusive (the "Class Period†). CarMax investors have until January 2, 2026 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS ON YOUR CARMAX, I. ...
KMX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that CarMax, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-11-05 17:00
Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. for alleged violations of federal securities laws during the specified class period from June 20, 2025, to September 24, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that CarMax's executives made false and misleading statements regarding the company's growth prospects, which were overstated due to temporary factors related to customer behavior influenced by tariff speculation [3]. - The complaint alleges that these misleading statements resulted in material misrepresentation about CarMax's business operations and future prospects, leading to investor damages when the truth was revealed [3]. Group 2: Class Action Participation - Investors who purchased CarMax securities during the class period are encouraged to join the lawsuit, with a deadline of January 2, 2026, to request appointment as lead plaintiff [4]. - Participation in any recovery does not require serving as the lead plaintiff, allowing more investors to potentially benefit from the outcome [4]. Group 3: Legal Representation - The law firm Bronstein, Gewirtz & Grossman operates on a contingency fee basis, meaning they will only collect fees if the lawsuit is successful, thus minimizing upfront costs for investors [5]. - The firm has a history of recovering substantial amounts for investors in similar cases, indicating a strong track record in securities fraud class actions [6].
CARMAX CLASS ACTION LAWSUIT: CarMax, Inc. (NYSE:KMX) Investors with Losses are Notified of the Upcoming January 2 Court Deadline – Contact BFA Law
Globenewswire· 2025-11-05 13:07
NEW YORK, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against CarMax, Inc. (NYSE: KMX) and certain of the Company’s senior executives for securities fraud after significant stock drop resulting from the potential violations of the federal securities laws. If you invested in CarMax, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/carmax-inc-class-action-lawsuit. Inve ...
Law Offices of Howard G. Smith Encourages CarMax, Inc. (KMX) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2025-11-05 00:54
Nov 4, 2025 7:54 PM Eastern Standard Time Law Offices of Howard G. Smith Encourages CarMax, Inc. (KMX) Shareholders To Inquire About Securities Fraud Class Action Share BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased CarMax, Inc. ("CarMax†or the "Company†) (NYSE: KMX) securities between June 20, 2025 and September 24, 2025, inclusive (the "Class Period†). CarMax investors have until January 2, 2026 t ...
CarMax Shareholder Alert By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Substantial Losses of Lead Plaintiff Deadline in Class Action Lawsuit Against CarMax, Inc. - KMX
Businesswire· 2025-11-04 23:38
Nov 4, 2025 6:38 PM Eastern Standard Time What You May Do If you purchased securities of CarMax and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-kmx/ to learn more. If you wish to serve as a lead plaintiff in this class action, you ...
KMX ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of CarMax, Inc. Investors
Businesswire· 2025-11-04 23:00
Nov 4, 2025 6:00 PM Eastern Standard Time KMX ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of CarMax, Inc. Investors Share NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit - Jason Cap v. CarMax, Inc. - has been filed on behalf of investors who acquired CarMax, Inc. ("CarMax†or the "Company†) (NYSE:KMX) securities during the period of June 20, 2025 through September 24, 2025, inclusive ("the Class Period†). If y ...
CarMax, Inc. (KMX) Faces Securities Class Action Amid Problems with Q2 Growth, Unexpected $142 Million Loss Provision -- Hagens Berman
Globenewswire· 2025-11-04 22:02
Core Viewpoint - A securities fraud class action has been filed against CarMax, Inc. for allegedly misleading investors regarding its business model and financial performance during a specific period in 2025 [1][3]. Group 1: Lawsuit Details - The class action seeks to represent investors who acquired CarMax securities between June 20, 2025, and September 24, 2025 [1]. - The lawsuit was prompted by a significant stock sell-off on September 25, 2025, when CarMax's stock dropped nearly 20% following disappointing Q2 2026 financial results [2][7]. - The lead plaintiff deadline for the lawsuit is set for January 2, 2026 [4]. Group 2: Financial Performance - CarMax reported a 24% year-over-year decline in net EPS for Q2 2026, alongside a 5.4% drop in retail used unit sales and a 6.3% decrease in comparable store used unit sales [6]. - The CarMax Auto Finance (CAF) segment experienced an 11.02% revenue decline year-over-year, attributed to a $142 million loan loss provision, which was a nearly 40% sequential increase and approximately 24% year-over-year jump [7]. Group 3: Allegations of Misleading Information - The complaint alleges that CarMax misled investors by claiming strong growth prospects and failing to disclose that positive Q1 2026 results were due to consumers accelerating car purchases to avoid tariffs [5]. - Hagens Berman is investigating whether CarMax intentionally misled investors about the strength of its business model and the quality of its loan portfolio [3][8].
KMX Investors Have Opportunity to Lead CarMax, Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm
Prnewswire· 2025-11-04 21:58
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of CarMax, Inc. securities for the period between June 20, 2025, and September 24, 2025, alleging that the company made materially false and misleading statements regarding its growth prospects [1][5]. Group 1: Lawsuit Details - The lawsuit claims that CarMax's defendants overstated the company's growth prospects, attributing earlier growth in the 2026 fiscal year to temporary factors related to customer behavior influenced by tariff speculation [5]. - Investors are encouraged to join the class action without incurring out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Next Steps for Investors - Interested investors can join the CarMax class action by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must be appointed 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 against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
KMX BREAKING NEWS: CarMax, Inc. Tarriff Issues Trigger Securities Fraud Class Action after Stock Drops 20% -- Investors are Urged to Contact the Firm
Businesswire· 2025-11-04 20:40
NEW YORK--(BUSINESS WIRE)---- $KMX #BFA--BFA Law announces that a class action lawsuit has been filed against CarMax, Inc. for securities fraud after significant stock drop. ...
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CarMax
Businesswire· 2025-11-04 20:25
Core Viewpoint - CarMax, Inc. is under investigation by Faruqi & Faruqi, LLP for potential claims related to a federal securities class action, with a deadline for investors to seek lead plaintiff status set for January 2, 2026 [1] Group 1 - Faruqi & Faruqi, LLP is a prominent national securities law firm with offices in New York, Pennsylvania, California, and Georgia [1] - The investigation pertains to potential claims against CarMax, Inc. (NYSE: KMX) [1]