CARMAX, INC. (NYSE: KMX) SHAREHOLDER INVESTIGATION ALERT: Bernstein Liebhard Investigates Potential Breaches of Fiduciary Duty

CarMax Under Fiduciary Duty Investigation by Bernstein Liebhard LLP

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    <h3>Information</h3>
    <p>&lt;link type=&quot;text/css&quot; rel=&quot;stylesheet&quot; href=&quot;https://www.globenewswire.com/styles/gnw_nitf.css&quot;&gt;&lt;/li...</p>
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    <h3>AI Summary</h3>
    <p>Bernstein Liebhard LLP announced an investigation into CarMax directors and officers for potential fiduciary-duty breaches. The inquiry seeks to determine whether leadership acted in shareholders&#039; best interests based on publicly available information, and invites current CarMax holders to learn their rights and discuss potential remedies.</p>
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    <h3>Key Points</h3>
    <ul><li>Bernstein Liebhard LLP investigates CarMax fiduciary duty breaches; seeks potential remedies.</li><li>Focus on leadership actions regarding shareholders&#039; interests; based on public information. Public information cited.</li><li>Shareholders urged to contact for information; confidential consultations available.</li><li>No material financial data disclosed; focus is governance risk.</li></ul>
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    <h3>Companies Mentioned</h3>
    <ul><li><strong>CarMax, Inc. (KMX)</strong>: Subject of fiduciary-duty investigation; governance risk could impact stock.</li><li><strong>Bernstein Liebhard LLP (N/A)</strong>: Investor rights law firm leading the investigation; not a public issuer.</li></ul>
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  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. This piece centers on a fiduciary-duty investigation into CarMax, potentially signaling governance risk and near-term volatility for KMX if new facts emerge.</p>
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    <h3>Market-Moving</h3>
    <ul><li>No immediate financial data disclosed; market impact hinges on material lawsuits.</li><li>Governance concerns could weigh on CarMax sentiment and valuation.</li><li>Any near-term settlement or leadership change would likely move KMX.</li></ul>
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    <h3>Key Facts</h3>
    <ul><li>Date announced: Aug 12, 2026.</li><li>Target: CarMax, Inc. (NYSE: KMX).</li><li>Focus: potential breaches of fiduciary duty by directors/officers.</li><li>Shareholders who bought before June 20, 2025 invited to learn rights.</li><li>Bernstein Liebhard has recovered over $3.5 billion since 1993.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term KMX could see limited movement absent new facts; watch for updates on any litigation or settlements.</p>
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    <h2>CARMAX, INC. (NYSE: <strong>KMX</strong>) SHAREHOLDER INVESTIGATION ALERT: Bernstein Liebhard Investigates Potential Breaches of Fiduciary Duty</h2>
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    <p>
      NEW YORK, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally recognized investor rights law firm, announces that it is investigating potential breaches of fiduciary duty by certain directors and officers of CarMax, Inc. ("CarMax" or the "Company") (NYSE: <strong>KMX</strong>). The investigation seeks to determine whether the Company’s leadership fulfilled its obligations to shareholders and whether legal remedies may be available.
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    <p>
      This press release summarizes the firm's investigation and does not constitute legal advice. Shareholders are encouraged to review the firm’s inquiry materials and consult with counsel regarding their rights.
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    <h3 id="shareholder-cta-heading"><strong>Current CarMax Shareholders Are Encouraged to Contact the Firm</strong></h3>
    <ul>
      <li>Do you currently own shares of CarMax, Inc. (NYSE: <strong>KMX</strong>)?</li>
      <li>Did you purchase your shares before June 20, 2025?</li>
      <li>Would you like to learn more about your legal rights as a shareholder?</li>
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    <h3 id="investigation-why-heading"><strong>Why Is Bernstein Liebhard Investigating?</strong></h3>
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      Bernstein Liebhard is investigating whether certain directors and officers of CarMax breached the fiduciary duties they owed to the Company and its shareholders. The investigation is focused on determining whether Company leadership acted in the best interests of shareholders and whether additional legal action may be appropriate based on publicly available information.
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    <h3 id="what-to-do-heading"><strong>What Shareholders Should Do</strong></h3>
    <p>
      If you currently own CarMax stock and would like to discuss your legal rights or obtain additional information regarding the investigation, please visit the firm’s CarMax Shareholder Investigation page or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com for a confidential consultation.
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    <h3 id="about-firm-heading"><strong>About Bernstein Liebhard LLP</strong></h3>
    <p>
      For more than three decades, Bernstein Liebhard LLP has represented investors in complex securities and shareholder litigation. Since 1993, the firm has recovered more than $3.5 billion for its clients and has been retained by many of the nation’s largest public and private pension funds to monitor investments and pursue claims on behalf of investors.
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      The firm’s accomplishments include recognition on <em>The National Law Journal</em>’s "Plaintiffs’ Hot List" thirteen times and inclusion in <em>The Legal 500</em> for sixteen consecutive years, reflecting its longstanding commitment to protecting shareholder rights.
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  <section aria-labelledby="disclaimer">
    <p><strong>ATTORNEY ADVERTISING.</strong> Prior results do not guarantee or predict a similar outcome with respect to any future matter.</p>
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    <h3 id="contact-heading"><strong>Contact</strong></h3>
    <p>
      <strong>Peter Allocco</strong><br/>
      Investor Relations Manager<br/>
      Bernstein Liebhard LLP<br/>
      10 East 40th Street<br/>
      New York, NY 10016<br/>
      Phone: (212) 951-2030<br/>
      Website: https://www.bernlieb.com<br/>
      Email: pallocco@bernlieb.com
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Bernstein Liebhard LLP announced an investigation into CarMax directors and officers for potential fiduciary-duty breaches. The inquiry seeks to determine whether leadership acted in shareholders' best interests based on publicly available information, and invites current CarMax holders to learn their rights and discuss potential remedies.

News insight

CARMAX, INC. (NYSE: KMX) SHAREHOLDER INVESTIGATION ALERT: Bernstein Liebhard Investigates Potential Breaches of Fiduciary Duty

AI summary

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Key facts

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