CarMax Faces Flurry of Securities Suits as Firms Press Jan. 2 Lead-Plaintiff Deadline

Overview

• Bleichmar Fonti & Auld says it filed a securities class action in the U.S. District Court for the District of Maryland, captioned Jason Cap v. CarMax, Inc., No. 1:25-cv-03602.
• The Schall Law Firm and DJS Law Group are soliciting investors who bought between June 20 and Sept. 24, 2025, with motions for lead-plaintiff due Jan. 2, 2026.
• Levi & Korsinsky promotes a broader class period running through Nov. 5, 2025, creating competing windows that could affect who qualifies and loss calculations.
• The complaints invoke Sections 10(b) and 20(a) of the Exchange Act and SEC Rule 10b-5, alleging CarMax overstated durable growth versus a temporary tariff-related surge.
• Filings point to a roughly 20% share drop after Sept. 25 Q2 FY2026 results and a further decline of over 24% following the Nov. 6 CEO departure and weak preliminary Q3 outlook.