Monday, 21 April 2025 10:15 AM
Class Action
NEW YORK, NY / ACCESS Newswire / April 21, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of CarMax, Inc. ("CarMax, Inc.") (NYSE:KMX) concerning possible violations of federal securities laws.
On April 10, 2025, CarMax released its Q4 and full year financial results. The Company missed analyst estimates and admitted it would be "removing the timeframes" it had previously assigned to long-term revenue, unit sales, and market share goals. The Company claimed this decision was driven by "the potential impact o broader macro factors."
Following this news, shares of CarMax fell over 17% on the same day. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. To obtain additional information, go to:
https://zlk.com/pslra-1/carmax-inc-lawsuit-submission-form?prid=144254&wire=1
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP