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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 temporary customer speculation about vehicle tariffs rather than genuine business performance.

Insights
TOT   positive

Proactively transitioning to renewable energy, 17% clean energy growth in 2024, 6.1% dividend yield, committed to energy transition unlike peers


KMX   negative

The company is accused of making false and misleading statements about growth prospects, with actual growth artificially inflated by temporary tariff speculation rather than genuine business fundamentals. This resulted in investor losses when the truth was revealed.