Class Action Lawsuit Notification for CarMax Investors: Deadline Approaching in 2026
Important Class Action Lawsuit Notification for CarMax Investors
Levi & Korsinsky, LLP has issued a notice to investors in CarMax, Inc. (NYSE: KMX), informing them of a class action securities lawsuit with a deadline for appointing a lead plaintiff set for January 2, 2026. This lawsuit aims to recover losses experienced by investors who were negatively impacted by alleged securities fraud allegedly committed between June 20, 2025, and November 5, 2025.
Class Definition and Allegations
The filing pertains to a class of investors who impacted during this period and seeks to address grievances related to misleading statements made by the company's management. The complaint alleges that these defendants overstated CarMax’s growth potential due to a temporary surge in demand stemming from speculation about tariffs. As a result, the assertions made about the company’s business and operational prospects are said to be materially false and lack any reasonable basis during the stated timeframe.
The claim specifically points to:
1. Reckless overstatements regarding the company's growth due to temporary market conditions.
2. A lack of reasonable basis for statements about CarMax's business operations, which misled shareholders about the company's real performance and future outlook.
What's Next for Investors?
Investors who suffered financial losses during this time are urged to take action before the January 2, 2026, deadline. They can request to be appointed as the lead plaintiff by contacting Joseph E. Levi, Esq. at [email protected] or via telephone at (212) 363-7500. Participation in the lawsuit does not require lead plaintiff status for investors to be eligible for a share of any potential recovery.
No Out-of-Pocket Costs
Those who qualify as class members can be compensated for their losses without incurring any upfront costs or fees. Levi & Korsinsky operates on a contingency basis, meaning they only collect fees if the case settles successfully. This structure provides access to justice for shareholders who may not have the resources to pursue litigation otherwise.
Why Choose Levi & Korsinsky?
Over the last two decades, Levi & Korsinsky has built a formidable reputation in securities litigation, recovering hundreds of millions for impacted shareholders. Recognized consistently among the top firms in the industry, they have the expertise and resources to navigate complex shareholder lawsuits. With a dedicated team of over 70 professionals, they are prepared to represent the interests of investors systematically and effectively.
Contact Information
For further information, shareholders can connect with Levi & Korsinsky at the following address:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
Email: [email protected]
Phone: (212) 363-7500
Fax: (212) 363-7171
Web: www.zlk.com
As the deadline approaches, CarMax investors are encouraged to stay informed and act quickly to protect their financial interests.
Topics Financial Services & Investing）
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