#USA #New York #securities lawsuit #CarMax #KMX

CarMax Shareholders Alert: Join the Class Action Lawsuit

In a recent announcement, Levi & Korsinsky, LLP has brought to the attention of shareholders of CarMax, Inc. (NYSE: KMX) about the approaching deadline to apply for lead plaintiff status in a crucial class action securities lawsuit. This legal case may have significant ramifications for investors who bought CarMax shares between June 20, 2025, and September 24, 2025, amid allegations of securities fraud.

Overview of the Class Action Lawsuit

The class action lawsuit has been filed to protect the interests of those shareholders who reportedly faced financial losses due to alleged misrepresentation by the CarMax management. The filings indicate that the lawsuit centers around claims that the defendants overstated the company’s growth prospects during a crucial fiscal period, misleading investors about the true performance and potential of CarMax.

The complaint asserts that the growth experienced in the 2026 fiscal year was not indicative of long-term success but rather a short-term spike influenced by external factors, including customers’ purchasing behaviors driven by speculation regarding tariffs. This potentially deceptive portrayal could have led many investors to base their decisions on inaccurate information.

Important Dates and Next Steps

Investors who may have suffered losses in their CarMax investments during the aforementioned time frame are encouraged to act swiftly. The deadline to request appointing as lead plaintiff is set for January 2, 2026. Even if an individual does not wish to take on this role, they may still be entitled to a compensation share without incurring any upfront costs or obligations.

To participate in the class action, interested parties can find more detailed information and submit their involvement through Levi & Korsinsky's dedicated website. A simple submission form allows investors to express their interest in joining the lawsuit, potentially reclaiming some of their losses.

Why Choose Levi & Korsinsky?

Levi & Korsinsky has established a solid reputation over the past twenty years, successfully securing hundreds of millions of dollars for shareholders impacted by securities fraud. Their track record includes winning significant cases in complex securities litigation, backed by a skilled team of over 70 professionals focused on achieving positive outcomes for their clients. The firm’s performance has earned them a consistent spot in the top rankings for securities litigation firms in the United States, showcasing their commitment to shareholder rights.

Conclusion

For CarMax investors, this is an imperative moment to consider your position regarding the ongoing lawsuit. If you believe you have been adversely affected by the actions of CarMax, do not hesitate to reach out to Levi & Korsinsky for guidance. Their team, led by experienced attorneys Joseph E. Levi and Ed Korsinsky, is readily available to assist investors in navigating the legal landscape surrounding this case. Don’t miss this opportunity to protect your investments and hold the responsible parties accountable.

For inquiries, investors can contact the firm via phone at (212) 363-7500 or email at [email protected].

Stay informed and take action before the deadline – your financial recovery may depend on it!