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CarMax to pay $15K per illegally repossessed car from US troops
CarMax is facing a costly reckoning after federal civil-rights enforcers accused the company of seizing vehicles from ...
Policyholders for more than 49 million vehicles would receive the payment because of "stronger than expected underwriting performance." ...
CarMax will pay $15,000 per owner for illegally repossessing at least 28 cars belonging to active U.S. military personnel between 2018 and 2023.
According to the settlement, CarMax will pay at least $420,000 in damages to service members and a civil penalty of $79,380 ...
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