Investors Alert: Join the Class Action Against CarMax
On November 21, 2025, Levi & Korsinsky, LLP issued a crucial notice for investors in CarMax, Inc. regarding a pending class action lawsuit. This legal move has been prompted by allegations of securities fraud that may have caused significant losses to investors in this well-known automotive retailer.
Background
The class action lawsuit targets CarMax, Inc. (NYSE: KMX) and focuses on events that transpired between June 20, 2025, and September 24, 2025. During this period, the complaint alleges that the company provided false information about its growth potential, misleading investors regarding the true state of its business.
Allegations of Fraud
The allegations center on two major claims:
1.
Overinflated Growth: Defendants are accused of recklessly exaggerating CarMax's growth prospects, falsely suggesting robust business performance. In reality, this perceived growth may have stemmed from temporary factors, such as speculative buying trends driven by tariff discussions.
2.
Material Misrepresentation: As a result of these inaccuracies, communications from the company regarding its operational health and future prospects are said to have lacked a reasonable basis, leading investors to suffer financial losses.
Important Deadlines
If you are an investor in CarMax who has experienced losses during the specified time frame, it is essential to act promptly. You have until January 2, 2026, to file your request to be appointed as the lead plaintiff in this class action suit. It's crucial to note that participation in the lawsuit does not obligate you to serve as the lead plaintiff to take part in any potential recovery of damages.
How to Participate
Participating in this class action suit comes at no cost to you. If you qualify as a class member, the potential for financial recovery exists without any upfront fees or expenses. Legal representatives from Levi & Korsinsky are prepared to support affected individuals through this process. For more information, you can visit the law firm's website or contact them directly via phone or email.
Why Choose Levi & Korsinsky?
With over 20 years of experience, Levi & Korsinsky has established itself as a formidable presence in securities litigation. The firm has successfully recovered hundreds of millions of dollars for shareholders, representing clients across various complex cases. Notably, they have consistently ranked among the top firms in securities litigation, owing to their dedicated team of over 70 professionals who are well-equipped to navigate these challenging legal waters.
Contact Information
Investors are encouraged to reach out to the team at Levi & Korsinsky for guidance and representation. Here’s how to get in touch:
- - Joseph E. Levi, Esq.
- - Ed Korsinsky, Esq.
- - Address: 33 Whitehall Street, 27th Floor, New York, NY 10004
- - Email: email protected]
- - Phone: (212) 363-7500
- - Fax: (212) 363-7171
- - Website: [www.zlk.com
Conclusion
If you have suffered losses as an investor in CarMax during the critical timeframe, the opportunity to recover your investment through this class action poses significant importance. With the deadline approaching, take action now to ensure your interests are protected.