Allegedly not handling vehicles correctly with members of the military on active duty landed CarMax in trouble with the ...

The DOJ has reached a settlement with CarMax to resolve allegations that vehicles owned by members of the military were illegally repossessed, violating the Servicemembers Civil Relief Act.

CarMax will pay at least $420,000 in damages to servicemembers and a civil penalty of nearly $80,000 to the U.S. as part of a ...

Affected troops will receive $15,000 each, plus any lost equity in the repossessed vehicle, according to the settlement ...

CarMax has agreed to pay nearly $500,000 to settle allegations that it violated the Servicemembers Civil Relief Act.

CarMax, Inc., the nation’s largest retailer of used cars, has entered into a settlement agreement with the U.S. Justice Department in connection with allegations that it was repossessing ...

The nation's largest retailer of used cars will have to pay nearly $500,000 as part of a settlement following allegations that it illegally repossessed motor vehicles owned by members of the military.

CarMax Auto Finance reported “better than anticipated” loan charge-offs that had a favorable impact on both the provision for loan losses and the ending allowance for loan losses during the first ...