As part of the agreement, CarMax will pay at least $420,000 in damages to servicemembers along with a civil penalty of $79,380. According to a consent agreement, CarMax repossessed at least 28 ...
Drivers in search of used cars have several options, but for many, CarMax is the top choice. However, the nation’s number one used vehicle retailer is currently under fire after being accused of ...
The Justice Department secured a settlement requiring CarMax to compensate servicemembers over alleged unlawful vehicle repossessions ...
CarMax Inc., the largest used car dealer in the United States, has agreed to pay $15,000 to each of dozens of military ...
CarMax has agreed to pay nearly $500,000 to settle allegations that it violated the Servicemembers Civil Relief Act.
The largest used car dealer in the country, CarMax, has agreed to pay close to $500,000 to resolve claims that it unlawfully repossessed U.S. military personnel’s cars. Each impacted military member ...
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CarMax to pay at least $420K to settle allegations of illegal repossessions of troops' cars
Affected troops will receive $15,000 each, plus any lost equity in the repossessed vehicle, according to the settlement agreement.
ALEXANDRIA, Virginia — The Justice Department announced a settlement with CarMax, Inc., resolving allegations that the nation ...
The Justice Department today announced that it has reached a settlement with CarMax Inc., the nation’s largest ...
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.
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