CarMax Inc., the largest used car retailer in the nation, has agreed to pay nearly $500,000 to settle allegations of illegally repossessing military members’ vehicles, the Department of Justice ...

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 ...

"Federal law prohibits businesses from repossessing service members’ vehicles without a court order," Assistant Attorney ...

This news story explains how CarMax, the nation’s largest used car retailer, agreed to pay at least $420,000 and $15,000 to ...

Retailer brings nationwide inventory and online offer capabilities to OpenAI with the new CarMax App in ChatGPTRICHMOND, VA, Feb. 27, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation’s ...

Investing.com -- CarMax Inc. (NYSE:KMX) shares rose 1.7% Friday following the company’s announcement that it became the first U.S. auto retailer to launch an app in the ChatGPT app store supporting ...

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results ...

The Partners III Opportunity Fund’s Institutional Class returned +0.67% in the fourth quarter, compared with +2.39% for the ...

The Justice Department secured a settlement requiring CarMax to compensate servicemembers over alleged unlawful vehicle repossessions ...

CarMax Inc., the largest used-car retailer in the United States, has agreed to pay nearly $500,000 to settle allegations brought by the United States Department of Justice that the company violated ...

CarMax will be required to pay at least $420,000 in damages to servicemembers and a civil penalty of $79,380 to the United States, according to the DOJ.