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News  ›  GlobeNewswire Inc.

CarMax Shareholder Alert By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Substantial Losses of Lead Plaintiff Deadline in Class Action Lawsuit Against CarMax, Inc. - KMX

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Kahn Swick & Foti, Llc
CarMax Shareholder Alert By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Substantial Losses of Lead Plaintiff Deadline in Class Action Lawsuit Against CarMax, Inc. - KMX

CarMax faces a securities class action lawsuit alleging failure to disclose material information during June 20-November 5, 2025. The company reported decreased retail and wholesale unit sales, causing a 20.07% stock price drop.

Insights
TVGNW   neutral

The company provides transparent financial context, explaining complex accounting metrics while acknowledging potential challenges in raising additional capital and executing growth strategies


KMX   negative

Stock price fell 20.07% after reporting decreased sales, decreased net earnings, and facing potential legal action for alleged non-disclosure of material financial information