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

CarMax, Inc. Securities Class Action Lawsuit

CarMax, Inc., a prominent player in the automotive retail industry, is currently embroiled in a class action securities fraud lawsuit. Investors are being notified of their rights to participate in the proceedings to recover potential losses incurred during the specified timeframe. The legal firm Levi & Korsinsky, LLP, known for its track record in class action cases, is spearheading this initiative, urging affected investors to discuss their options before the deadline of January 2, 2026.

Background on the Lawsuit

The class action lawsuit specifically targets those who purchased shares of CarMax, Inc. (NYSE: KMX) between June 20, 2025, and November 5, 2025. Allegations indicate that during this period, the company made misleading statements regarding its growth prospects. These statements are said to have falsely portrayed positive business operations and overall company health. In particular, the plaintiffs claim that the defendants exaggerated the company's growth potential, attributing it to temporary benefits driven by speculative customer behavior related to tariffs.

The complaint asserts that these misrepresentations resulted in materially false statements that ultimately misled investors about CarMax's actual performance and future prospects. Potential claimants are being encouraged to contact the firm for details about their involvement and potential compensation.

Significance of the Lawsuit

Investors impacted by this alleged fraud stand to gain from participating in the class action without incurring out-of-pocket costs. Under U.S. securities law, class members are not required to pay fees or costs upfront to be part of the action. If you suffered losses due to the purported deception, you are eligible for consideration for compensation.

Moreover, those who are contemplating a more active role in the lawsuit can request to be appointed as the lead plaintiff. This position, while beneficial, is not a prerequisite for sharing in any financial recovery achieved by the class action.

Why Choose Levi & Korsinsky?

For over two decades, Levi & Korsinsky has built a formidable reputation in protecting shareholder rights and securing significant settlements in securities litigation. With a dedicated team of over 70 professionals, the firm has consistently ranked among the top securities litigation firms in the U.S., according to ISS Securities Class Action Services.

Their experience and success in handling complex legal cases make them a go-to choice for impacted CarMax investors. Shareholders seeking to reclaim their investments should not miss this opportunity to partner with a firm that boasts both expertise and a strong historical performance in class action recoveries.

Next Steps

If you held shares in CarMax, Inc. during the specified period and believe you have experienced financial losses due to the alleged securities fraud, it is essential to act quickly. Investors are encouraged to reach out to Levi & Korsinsky at the provided contact details. With the deadline approaching, securing your rights and potential compensation should be a priority.

For further assistance, affected individuals may contact Joseph E. Levi, Esq. via email at [email protected] or by phone at (212) 363-7500. Detailed information regarding the lawsuit and participation can also be found on the firm’s website. Don’t hesitate, as time is of the essence in pursuing any claims from this significant lawsuit against CarMax, Inc.