The law firm of Kessler Topaz Meltzer & Check, LLP has announced the filing of an amended securities class action lawsuit against CarMax, Inc. Following this amendment, the class period now encompasses individuals who purchased or otherwise acquired CarMax securities between June 20, 2025, and November 5, 2025, inclusive. Investors are advised that the deadline to seek appointment as a lead plaintiff is January 2, 2026.
The allegations in the lawsuit center around claims that CarMax and its executives made false and misleading statements about the company’s growth prospects. Specifically, the complaint asserts that the defendants overstated the company’s performance, attributing its earlier fiscal growth for 2026 to temporary factors, including customer purchases driven by speculation regarding tariffs. This misrepresentation allegedly resulted in materially misleading statements concerning the company’s business and operational outlook.
Investors affected by these alleged misstatements have until January 2, 2026, to take action. They may seek to be appointed as lead plaintiff representatives for the class through Kessler Topaz Meltzer & Check, LLP or other legal counsel. A lead plaintiff plays a crucial role in directing the litigation and is typically an investor or group of investors with the largest financial interest in the case.
The firm encourages CarMax investors who have experienced significant losses during the specified class period to contact them for more information. Interested individuals can sign up for the case via the firm’s website or reach out directly to attorney Jonathan Naji, Esq., at (484) 270-1453 or via email at [email protected].
Kessler Topaz Meltzer & Check, LLP has established a reputation for prosecuting class actions in both state and federal courts across the United States and globally. The firm has successfully recovered billions of dollars for victims of fraud and other corporate misconduct. Their mission is to protect investors, consumers, and employees from fraudulent practices and negligence by corporations and fiduciaries.
For further details about the case and to learn more about Kessler Topaz Meltzer & Check, LLP, visit their official website at www.ktmc.com.
