Important Deadline for CarMax Shareholders: Join the Class Action Lawsuit Now

CarMax Shareholder Class Action Lawsuit

Important Notice to Investors

CarMax, Inc. (NYSE: KMX) shareholders who experienced significant financial losses are being reminded of an important deadline in the ongoing securities class action lawsuit against the company. ClaimsFiler, a service dedicated to informing shareholders, has indicated that investors who suffered losses exceeding $100,000 have until January 2, 2026, to file their lead plaintiff applications.

Background of the Lawsuit

This class action is currently being held in the United States District Court for the District of Maryland. The lawsuit stems from allegations against CarMax and certain executives for failing to disclose critical information during a specified class period—June 20, 2025, to November 5, 2025. This failure is said to be in violation of federal securities laws, and the repercussions have been notable.

On September 25, 2025, CarMax revealed its financial performance report for the second quarter of FY 2026. Key figures included a decline in retail unit sales by 5.4% and a comparable store unit sales decrease of 6.3%. Additionally, wholesale unit sales fell by 2.2%, with net earnings per diluted share dropping from $0.85 a year ago to $0.64. Following this crucial announcement, CarMax's stock price witnessed a significant drop of $11.5 per share, equating to a staggering 20.07% decline, ultimately settling at $45.60 per share that day.

Given these downward trends and financial disclosures, affected investors are encouraged to assess their legal remedies actively.

How Shareholders Can Participate

For those looking to file a claim, ClaimsFiler offers a free platform to help shareholders navigate this complex process. Investors can visit their site at www.claimsfiler.com/cases/nyse-kmx-1 or contact them via toll-free number (844) 367-9658. They can also connect with the law firm Kahn Swick & Foti, LLC, which is prepared to discuss legal options for aggrieved investors.

ClaimsFiler's Role

ClaimsFiler serves as an essential resource for investors seeking recovery from substantial losses incurred in securities transactions. Their mission is to help retail investors recover their share of billions in class action settlements. On their platform, investors can register for free, gain access to essential information regarding various securities class action cases, and receive notifications relevant to their investments.

Next Steps

Affected investors are encouraged to take immediate action to secure their interests. Understanding the implications of this lawsuit and the potential for recovery can make a substantial difference for those who have experienced losses in their investments in CarMax. The deadline is approaching quickly, and stakeholders must act before January 2, 2026.

In summary, this class action lawsuit against CarMax represents a critical moment for shareholders seeking to reclaim their losses. Significant investments and potential claims are at stake, urging all affected investors to engage with ClaimsFiler and understand their rights amid this ongoing legal battle.