Pomerantz Law Firm Investigates Potential Fraud Claims Against CarMax, Inc. Investors
Pomerantz Law Firm Investigates CarMax, Inc.
Pomerantz LLP, a prominent law firm recognized for its prowess in corporate and securities class litigation, has recently announced an investigation concerning potential claims on behalf of investors in CarMax, Inc. (NYSE: KMX). This inquiry comes amidst concerns regarding possible securities fraud or unethical business practices connected to the company's operations and management.
Overview of the Situation
On April 10, 2025, CarMax published its financial results for the fourth quarter and the entirety of fiscal year 2025. Unfortunately for the company, these results did not meet market expectations. In particular, CarMax reported a GAAP earnings per share of $0.58, which fell short of analysts' predictions by $0.08. The company's announcement also revealed the surprising decision to
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