CarMax Faces Investor Lawsuit Alleging Securities Fraud
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A class action lawsuit has been filed against CarMax Inc. on behalf of investors who suffered losses between June 20, 2025, and November 5, 2025. The lawsuit alleges that CarMax made false statements and concealed key information by overstating its growth prospects, claiming that earlier growth was driven by temporary customer speculation rather than sustainable performance. The case is being handled by Levi & Korsinsky, LLP, a law firm specializing in securities litigation.
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