A securities class action lawsuit against CarMax, Inc. has been amended to expand the class period, now encompassing those who purchased or acquired CarMax securities between June 20, 2025, and November 5, 2025. The firm Kessler Topaz Meltzer & Check, LLP announced that investors have until January 2, 2026, to apply to be appointed as lead plaintiffs in this lawsuit.
The complaint, filed in the United States District Court, alleges that CarMax’s management made misleading statements regarding the company’s growth prospects. Specifically, it claims that the defendants overstated these prospects based on a temporary boost in sales driven by customer speculation about tariffs. As a result, the allegations suggest that the positive statements about CarMax’s business were materially misleading.
Investors who believe they have suffered losses during the stated class period may seek representation as lead plaintiffs through Kessler Topaz Meltzer & Check, LLP or other legal counsel. A lead plaintiff acts on behalf of all class members and is typically an individual or small group of investors with the most significant financial interest in the case. Importantly, investors can choose not to serve as lead plaintiffs and still retain their rights to any potential recovery from the lawsuit.
Those interested in participating can find more information on the firm’s website or contact attorney Jonathan Naji directly by phone or email. The firm emphasizes that the decision to serve as a lead plaintiff does not affect an individual’s ability to share in any recovery.
Kessler Topaz Meltzer & Check, LLP has a substantial reputation for handling class action cases globally, having recovered billions for victims of corporate misconduct. The firm aims to protect investors from fraud and abuse, driving its commitment to holding companies accountable.
For additional details regarding the lawsuit or to inquire about representation, affected CarMax investors are encouraged to visit the firm’s website or contact them directly.
