KMX · News · 20260805N

Litigation and Legal Risk

CARMAX INC · 2026-08-05 · Importance 31 · Surprise 42

Levi & Korsinsky filed a securities class action against CarMax on behalf of investors who purchased securities between June 20, 2025, and November 5, 2025. The lawsuit alleges that CarMax overstated its fiscal 2026 growth prospects by describing early growth as a temporary benefit from customers buying vehicles amid tariff speculation. Investors were urged to contact the firm before the January 2, 2026 lead-plaintiff deadline; separate law firms also announced investigations into potential fiduciary-duty breaches and corporate wrongdoing.

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