{"id":892391,"date":"2025-10-03T16:55:35","date_gmt":"2025-10-03T20:55:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-alert-edelson-lechtzin-llp-announces-investigation-of-carmax-inc-nyse-kmx-and-encourages-investors-with-substantial-losses-or-witnesses-with-relevant-information-to-contact-the-fir\/"},"modified":"2025-10-03T16:55:35","modified_gmt":"2025-10-03T20:55:35","slug":"investigation-alert-edelson-lechtzin-llp-announces-investigation-of-carmax-inc-nyse-kmx-and-encourages-investors-with-substantial-losses-or-witnesses-with-relevant-information-to-contact-the-fir","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-alert-edelson-lechtzin-llp-announces-investigation-of-carmax-inc-nyse-kmx-and-encourages-investors-with-substantial-losses-or-witnesses-with-relevant-information-to-contact-the-fir\/","title":{"rendered":"INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of CarMax, Inc. (NYSE: KMX) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEWTOWN, Pa.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 3, 2025<\/span><\/span> \/PRNewswire\/ &#8212; <b>Edelson Lechtzin LLP<\/b>, a national class action law firm, is investigating potential violations of the federal securities laws involving\u00a0CarMax, Inc. (NYSE: KMX), resulting from allegations of providing potentially misleading business information to the investing public.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2457789\/logo2_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2457789\/logo2_Logo.jpg\" title=\"Edelson Lechtzin LLP (PRNewsfoto\/Edelson Lechtzin LLP)\" alt=\"Edelson Lechtzin LLP (PRNewsfoto\/Edelson Lechtzin LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>If you have information that could assist in the CarMax investigation, or are a CarMax investor who suffered a loss and would like to learn more, you can provide your information <\/b><br \/>\n        <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4525617-1&amp;h=3289711774&amp;u=https%3A%2F%2Fedelsonlechtzin.cliogrow.com%2Fintake%2F038EKHUraenVUPTAnnoXEQ&amp;a=HERE\" target=\"_blank\" rel=\"nofollow\">HERE<\/a><br \/>\n        <b>.<\/b>\n      <\/p>\n<p>\n        <b>You can also contact attorney <span class=\"xn-person\">Eric Lechtzin<\/span> of Edelson Lechtzin LLP by calling 844-563-5550 or via e-mail at <\/b><br \/>\n        <a href=\"mailto:elechtzin@edelson-law.com\" target=\"_blank\" rel=\"nofollow\">elechtzin@edelson-law.com<\/a><br \/>\n        <b>. <\/b>\n      <\/p>\n<p>\n        <b>THE COMPANY: <\/b>\n      <\/p>\n<p>CarMax is the largest U.S. retailer of used vehicles, offering a customer-focused car buying experience through its online platform and nationwide network of stores.<\/p>\n<p>\n        <b>THE <span>ALLEGED<\/span> WRONGDOING: <\/b>\n      <\/p>\n<p>On <span class=\"xn-chron\">September 25, 2025<\/span>, CarMax reported year-over-year declines in revenue and profit in its second-quarter financial results for the 2026 fiscal year. Specifically, the company disclosed significant decreases in total revenue, total retail used vehicle revenue, and total gross profit. CarMax attributed its performance to ongoing inventory rightsizing and a <span class=\"xn-money\">$71.3 million<\/span> increase in loan loss provisions.<\/p>\n<p>On this news, the price of CarMax stock fell <span class=\"xn-money\">$11.45<\/span> per share, or approximately 20%, to close at <span class=\"xn-money\">$45.60<\/span> per share on <span class=\"xn-chron\">September 25, 2025<\/span>.<\/p>\n<p>\n        <b>ABOUT EDELSON LECHTZIN LLP: <\/b>Edelson Lechtzin LLP is a national class action law firm with offices in <span class=\"xn-location\">Pennsylvania<\/span> and <span class=\"xn-location\">California<\/span>. In addition to cases involving securities and investment <span>fraud<\/span>, our lawyers focus on class cases alleging violations of federal antitrust laws, employee benefit plans under ERISA, wage theft, data security, and consumer <span>fraud<\/span>.<\/p>\n<p>\n        <u>For more information, please contact:<\/u>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Eric Lechtzin, Esq.<\/span><br \/>\n        <br \/>EDELSON LECHTZIN LLP<br \/>411 S. State Street, Suite N-300<br \/><span class=\"xn-location\">Newtown, PA<\/span> 18940<br \/>Phone: 844-696-7492 or 215-867-2399 ext. 1<br \/>Email: <a href=\"mailto:elechtzin@edelson-law.com\" target=\"_blank\" rel=\"nofollow\">elechtzin@edelson-law.com<\/a><br \/>Web: <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4525617-1&amp;h=614176619&amp;u=http%3A%2F%2Fwww.edelson-law.com%2F&amp;a=www.edelson-law.com\" target=\"_blank\" rel=\"nofollow\">www.edelson-law.com<\/a>\u00a0<\/p>\n<p>This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=PH90398&amp;sd=2025-10-03\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/investigation-alert-edelson-lechtzin-llp-announces-investigation-of-carmax-inc-nyse-kmx-and-encourages-investors-with-substantial-losses-or-witnesses-with-relevant-information-to-contact-the-firm-302575073.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/investigation-alert-edelson-lechtzin-llp-announces-investigation-of-carmax-inc-nyse-kmx-and-encourages-investors-with-substantial-losses-or-witnesses-with-relevant-information-to-contact-the-firm-302575073.html<\/a><\/p>\n<p>SOURCE  Edelson Lechtzin LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH90398&amp;Transmission_Id=202510031652PR_NEWS_USPR_____PH90398&amp;DateId=20251003\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEWTOWN, Pa. , Oct. 3, 2025 \/PRNewswire\/ &#8212; Edelson Lechtzin LLP, a national class action law firm, is investigating potential violations of the federal securities laws involving\u00a0CarMax, Inc. (NYSE: KMX), resulting from allegations of providing potentially misleading business information to the investing public. If you have information that could assist in the CarMax investigation, or are a CarMax investor who suffered a loss and would like to learn more, you can provide your information HERE . You can also contact attorney Eric Lechtzin of Edelson Lechtzin LLP by calling 844-563-5550 or via e-mail at elechtzin@edelson-law.com . THE COMPANY: CarMax is the largest U.S. retailer of used vehicles, offering a customer-focused car buying experience through its online platform and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-alert-edelson-lechtzin-llp-announces-investigation-of-carmax-inc-nyse-kmx-and-encourages-investors-with-substantial-losses-or-witnesses-with-relevant-information-to-contact-the-fir\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of CarMax, Inc. (NYSE: KMX) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-892391","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of CarMax, Inc. (NYSE: KMX) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-alert-edelson-lechtzin-llp-announces-investigation-of-carmax-inc-nyse-kmx-and-encourages-investors-with-substantial-losses-or-witnesses-with-relevant-information-to-contact-the-fir\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of CarMax, Inc. (NYSE: KMX) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEWTOWN, Pa. , Oct. 3, 2025 \/PRNewswire\/ &#8212; Edelson Lechtzin LLP, a national class action law firm, is investigating potential violations of the federal securities laws involving\u00a0CarMax, Inc. (NYSE: KMX), resulting from allegations of providing potentially misleading business information to the investing public. If you have information that could assist in the CarMax investigation, or are a CarMax investor who suffered a loss and would like to learn more, you can provide your information HERE . You can also contact attorney Eric Lechtzin of Edelson Lechtzin LLP by calling 844-563-5550 or via e-mail at elechtzin@edelson-law.com . THE COMPANY: CarMax is the largest U.S. retailer of used vehicles, offering a customer-focused car buying experience through its online platform and &hellip; Continue reading &quot;INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of CarMax, Inc. (NYSE: KMX) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-alert-edelson-lechtzin-llp-announces-investigation-of-carmax-inc-nyse-kmx-and-encourages-investors-with-substantial-losses-or-witnesses-with-relevant-information-to-contact-the-fir\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-03T20:55:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2457789\/logo2_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investigation-alert-edelson-lechtzin-llp-announces-investigation-of-carmax-inc-nyse-kmx-and-encourages-investors-with-substantial-losses-or-witnesses-with-relevant-information-to-contact-the-fir\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investigation-alert-edelson-lechtzin-llp-announces-investigation-of-carmax-inc-nyse-kmx-and-encourages-investors-with-substantial-losses-or-witnesses-with-relevant-information-to-contact-the-fir\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of CarMax, Inc. 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THE COMPANY: CarMax is the largest U.S. retailer of used vehicles, offering a customer-focused car buying experience through its online platform and &hellip; Continue reading \"INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of CarMax, Inc. 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