CarMax has agreed to pay $1.1 million to settle a consumer protection lawsuit prosecuted by multiple district attorneys’ offices, including Los Angeles County, alleging the company failed to timely ...

Car repossession rates have approached Great Recession levels in recent years, driven in part by post-pandemic economic ...

Fortune 500 used car retailer CarMax, based in Goochland County, has agreed to pay nearly $500,000 to settle allegations that it violated the Servicemembers Civil Relief Act by illegally 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.

The nation’s largest retailer of used cars, CarMax, will pay at least $420,000 to resolve allegations that it repossessed vehicles from U.S. service members without court orders, the U.S. Department ...

The FINANCIAL — The Justice Department today announced that it has reached a settlement with CarMax Inc., the nation’s largest retailer of used cars, to resolve allegations that CarMax violated the ...

CarMax is on the hook for nearly $500,000 after the US Justice Department alleged it illegally repossessed vehicles from active duty servicemembers. Most of that money will go directly to those ...

CarMax Inc., the nation’s largest used-car retailer, will pay at least $420,000 to service members to settle allegations that it illegally repossessed vehicles owned by them, the U.S. Department of ...