#United States #New York #Securities Fraud #Levi Korsinsky #CarMax

Investors Urged to Act: A Crucial Notice for CarMax Investors

In a significant legal development, investors in CarMax, Inc. are being encouraged to reach out to Levi & Korsinsky, LLP, before January 2, 2026. This outreach is related to a class action securities lawsuit, regarding alleged wrongdoing that could have adversely affected investors.

Background Information

On November 25, 2025, Levi & Korsinsky notified CarMax, Inc. shareholders about a newly filed lawsuit against the company. The essential timeframe of this alleged securities fraud stretches from June 20, 2025, to November 5, 2025. During this period, questions surrounding the accuracy of the company's growth statements have emerged, prompting the legal action.

What the Class Action Entails

The class action case aims to recover losses for those investors who were impacted by what is believed to be securities fraud. The complaint posits that CarMax's leadership may have misrepresented the company's growth potential. Specifically, it notes that claims of robust growth for the fiscal year 2026 were errantly promoted, as this boom was linked to temporary market conditions—primarily customer behavior influenced by speculation surrounding tariffs.

The core accusations against the defendants center on two crucial points:
1. The allegation that the company's growth was exaggerated, masking the transient nature of its success;
2. Misleading investors about the true state of CarMax's business operations and market prospects at critical times.

Next Steps for Affected Investors

Investors who believe they suffered losses during the specified timeframe should consider taking action before the January 2, 2026, deadline. By contacting Levi & Korsinsky, affected shareholders have the opportunity to be appointed as lead plaintiffs in the litigation. However, it's essential to note that participating in any recovery does not necessitate serving as a lead plaintiff.

Costs and Obligations

One of the most appealing aspects of joining the class action is that if class members are eligible, they may receive compensation without any fees or out-of-pocket costs incurred. Levi & Korsinsky emphasizes that there is no financial burden or obligation to participate in the lawsuit, making it a viable option for investors seeking justice.

About Levi & Korsinsky, LLP

With over 20 years of experience in securities litigation, Levi & Korsinsky, LLP has built a reputation for championing the rights of investors. The firm has successfully recovered hundreds of millions of dollars on behalf of affected shareholders and holds a commendable track record in handling high-stakes cases. It has consistently been recognized in the Top 50 Report by ISS Securities Class Action Services as one of the foremost securities litigation firms in the United States for several consecutive years.

Contact Information

To learn more about their potential involvement in this case, investors can reach out directly to Joseph E. Levi, Esq. at the firm's New York office or via email at [email protected]. The firm's contact number is (212) 363-7500. For further details, interested parties are encouraged to visit their website at www.zlk.com.

In conclusion, if you are a CarMax shareholder who faced losses due to alleged misinformation about the company's growth, it's crucial to act before the deadline. Your rights as an investor are at stake, and timely action can help ensure justice is served.