According to the settlement, CarMax will pay at least $420,000 in damages to service members and a civil penalty of $79,380 ...

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 is facing a costly reckoning after federal civil-rights enforcers accused the company of seizing vehicles from ...

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 ...

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

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

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 allegedly violated federal law by repossessing servicemembers' vehicles without required court orders, leading to a $420,000 settlement agreement.

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 ...

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 ...