CarMax Securities Suit Enters Lead-Plaintiff Race as Firms Split on Class Period

Overview

• Kessler Topaz and The Rosen Law Firm are promoting an amended case that covers purchases from June 20 through November 5, 2025.
• Block & Leviton and DJS Law Group cite a narrower window ending September 24, 2025, underscoring disagreement over who qualifies for potential claims.
• The complaints allege CarMax overstated durable growth while gains were temporarily boosted by customer purchases tied to tariff speculation.
• Block & Leviton notes CarMax shares fell more than 10% in pre-market trading on November 6 after the company said CEO Bill Nash would step down effective December 1 and issued preliminary guidance.
• Notices emphasize that a lawsuit has been filed but no class has been certified, with claims brought under Sections 10(b) and 20(a) and SEC Rule 10b-5.