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CarMax (KMX) Sued Over Alleged "Temporary Demand Pull-Forward" and Loan Portfolio Risk- Hagens Berman
Hagens Berman has filed a securities class action lawsuit against CarMax, alleging the company misled investors by not disclosing that its Q1 2026 growth was a temporary demand pull-forward and that its loan portfolio faced significant risks. The lawsuit covers investors who bought CarMax securities between June 20, 2025, and November 5, 2025, and suffered losses due to these undisclosed risks. The deadline for lead plaintiff appointment is January 2, 2026.