CarMax Investors Courted for Securities Suit Over Alleged Tariff-Linked Growth Claims
Eligible shareholders face a January 2 deadline to seek lead-plaintiff status, with the class not yet certified.
Overview
- DJS Law Group and The Schall Law Firm urge investors who bought KMX from June 20 to September 24, 2025 to contact them by January 2, 2026.
- Levi & Korsinsky states its filing covers purchases through November 5, 2025, extending the proposed class period beyond earlier notices.
- The complaints allege CarMax overstated its growth prospects when early fiscal 2026 sales were driven by customer speculation about vehicle tariffs.
- The Schall Law Firm notes the class has not been certified and that investors are not represented by counsel until certification occurs.
- Filings invoke Sections 10(b) and 20(a) of the Exchange Act and SEC Rule 10b-5, with investors invited to seek appointment as lead plaintiff by the stated deadline.