The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against CarMax, Inc. for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between June 20, 2025 and September 24, 2025, inclusive (the “Class Period”), are encouraged to contact the firm before January 2, 2026. If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Carmax overstated its growth prospects when the reality of the growth it enjoyed early in fiscal year 2026 was driven by customer speculation about tariffs on vehicles. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about CarMax, investors suffered damages.
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