Pomerantz Law Firm Investigates Potential Claims Against CarMax, Inc. for Securities Fraud
Pomerantz Law Firm Investigates Potential Claims Against CarMax, Inc.
In a recent announcement, the Pomerantz Law Firm has begun an investigation on behalf of investors of CarMax, Inc. (NYSE: KMX). The firm is concerned about the possible involvement of the company and certain officers in securities fraud or related unlawful business practices.
This investigation follows a press release by CarMax on April 10, 2025, detailing its financial results for the fiscal fourth quarter and the entire year. Alarmingly, the company recorded GAAP earnings per share of $0.58, which fell short of analysts’ expectations by $0.08. Notably, the company also communicated that it would be