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News  ›  GlobeNewswire Inc.

KMX Investors Have Opportunity to Lead CarMax, Inc. Securities Fraud Lawsuit with the Schall Law Firm

GlobeNewswire Inc. Logo GlobeNewswire Inc. By The Schall Law Firm
KMX Investors Have Opportunity to Lead CarMax, Inc. Securities Fraud Lawsuit with the Schall Law Firm

The Schall Law Firm is seeking investors who purchased CarMax securities between June 20, 2025 and September 24, 2025 to join a class action lawsuit alleging securities fraud. CarMax allegedly made false and misleading statements by overstating growth prospects, with actual growth driven by customer speculation about vehicle tariffs rather than genuine business performance.

Insights
STRF   negative

Shares declined for fourth straight session to lowest level in over a year


KMX   negative

The company is accused of making false and misleading statements about growth prospects, with actual growth artificially inflated by tariff speculation rather than genuine business fundamentals. This resulted in investor losses and triggered a securities fraud lawsuit.