#United States #New York #Class Action #Securities Fraud #CarMax

CarMax Investors: Important Information on Pending Securities Fraud Class Action

Levi & Korsinsky, LLP has recently announced the initiation of a class action lawsuit against CarMax, Inc. (NYSE: KMX). This legal action seeks to represent investors who suffered losses due to alleged securities fraud during the period from June 20, 2025, to September 24, 2025. If you are an investor impacted by the events surrounding CarMax, it is crucial to understand your rights and the steps you can take to potentially recover your losses.

Understanding the Class Action

The lawsuit alleges that CarMax made several misleading statements regarding its business operations and growth prospects. Specifically, it claims that the company's leadership exaggerated its growth, failing to disclose key information that would have affected investor decisions. According to the complaint, this misleading information was tied to an artificial surge in car sales related to speculative purchasing influenced by anticipated tariffs. The subsequent realization of this overstated growth has had significant repercussions for shareholders.

What Investors Should Do

As an investor in CarMax, you may still be eligible to join the lawsuit and seek compensation. However, you must act before January 2, 2026, if you wish to apply to be a lead plaintiff. It’s essential to note that you do not need to serve in this role to receive compensation if the claims are successful.

To explore your options, contact Joseph E. Levi, Esq. from Levi & Korsinsky through email or phone. They've created a user-friendly form on their website to facilitate communication with potentially affected investors.

No Additional Costs to Join the Class

There is good news for those considering participation in the class action lawsuit. If you are determined to be a class member, you will not incur any financial obligations. Participation does not come with upfront costs or fees, making it accessible for all investors wishing to assert their rights.

Levi & Korsinsky has established an impressive track record over the last 20 years, having successfully recovered hundreds of millions for their clients through securities litigation. Their team consists of over 70 dedicated professionals, and they have consistently ranked among the top securities litigation firms in the U.S., as noted in the ISS Securities Class Action Services’ Top 50 Report.

The Path Forward

This class action is a crucial opportunity for CarMax investors to seek redress for their losses. By uniting in this legal effort, affected shareholders can hold the company accountable for its alleged misrepresentation. Participants in Simon & Korsinsky's class action will have the chance to recover a portion of their losses due to the alleged securities fraud.

As the deadline approaches, it is essential for affected investors to gather evidence, consult with legal professionals, and consider joining this significant class action lawsuit. Take advantage of this opportunity to stand up for your rights and recover what is rightfully yours.

For further details and to initiate your claim, reach out to Levi & Korsinsky at their New York office or visit their website. Don't miss your chance to take action before the January deadline.