Shareholders of CarMax, Inc.: Join the Class Action for Recovery from Recent Losses

Attention CarMax, Inc. Shareholders

In an important development for investors in CarMax, Inc. (NYSE: KMX), The Gross Law Firm has announced a call to action regarding a class action lawsuit. This notice aims to inform shareholders that they may be eligible to join this legal effort, particularly those who purchased shares during the specified period from June 20, 2025, to September 24, 2025.

Background

The announcement comes following allegations that CarMax's management issued misleading statements about the company’s business prospects. The complaint suggests that these statements led shareholders to believe in a false narrative of stable growth, while in reality, the growth reported was attributed to temporary market fluctuations caused by speculation concerning tariffs. As a result, many investors might have faced significant financial losses as they invested under false pretenses.

Allegations Explained

The core allegations of the complaint against CarMax involve two critical points:

1. Overstated Growth Claims: It is alleged that the company's management irresponsibly exaggerated the potential for CarMax's growth. Instead, the alleged growth during the 2026 fiscal year might simply have been a temporary spike in sales due to external market speculation rather than a sustainable increase.

2. Misleading Information: The lawsuit argues that the information provided to shareholders was not only misleading but materially false. The claims made by the defendants potentially misrepresented the company's overall financial health and business outlook, which is potentially damaging to the shareholders’ interests.

Your Rights as a Shareholder

For investors who have suffered financially due to these circumstances, participating in the class action can be a crucial step towards seeking recovery of losses. The deadline to officially register as a participant is January 2, 2026. However, it’s important to note that you do not need to be appointed as the lead plaintiff to join the class action; your participation alone could help bring accountability to companies that violate trust with their investors.

Next Steps

To participate in this class action lawsuit, shareholders are encouraged to register their information promptly. Once registered, all participants will gain access to portfolio monitoring software that keeps them informed of the case's developments and their respective rights regarding any potential recovery.

If you bought CarMax shares within the mentioned timeframe and experienced a financial loss, visiting the Gross Law Firm's website provides further instructions and methods to enroll.

Why Choose The Gross Law Firm?

The Gross Law Firm is nationally recognized for handling class action lawsuits and is committed to advocating for the rights of investors. Their mission is to defend investors who have been negatively impacted by deceit, fraud, and other unlawful practices. They work tirelessly to ensure that companies adhere to ethical standards and legal obligations in their communications and operations.

How to Contact

For more information, shareholders can reach out directly to The Gross Law Firm:

- Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
- Email: [email protected]
- Phone: (646) 453-8903

Don't miss the opportunity to advocate for your rights as a shareholder and seek the recovery you deserve. Join the class action today and let your voice be heard in the fight for investor rights.