TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

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, leading to a 20.07% stock price drop on September 25, 2025.

Insights
KMX   negative

Stock price dropped 20.07% after reporting decreased sales, decreased net earnings, and facing a potential securities fraud lawsuit alleging non-disclosure of material information