CarMax Investors Pressed to Seek Lead Role in Securities Case as Jan. 2 Deadline Nears

Overview

• Rosen Law Firm, The Schall Law Firm, DJS Law Group, and Glancy Prongay & Murray are recruiting CarMax shareholders to lead a filed securities class action alleging violations of Sections 10(b), 20(a) and Rule 10b-5.
• Some firms set the proposed class period as June 20 to November 5, 2025, while others limit it to June 20 to September 24, 2025.
• The complaints allege CarMax overstated sustainable growth, asserting early fiscal 2026 strength reflected temporary, tariff-related pull‑forward demand that later unwound and harmed investors.
• The case is pending in the U.S. District Court for the District of Maryland, no class has been certified, and investors are not represented unless they retain counsel.
• Eligible shareholders are told they may seek recovery on a contingency-fee basis, with motions for lead-plaintiff appointment due January 2, 2026.