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." ...

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

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.

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 ...

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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 ...

Justice officials allege CarMax violated the Servicemembers Civil Relief Act. (Baona/Getty Images) CarMax, the nation’s largest retailer of used cars, has agreed to pay at least $420,000 in damages to ...

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 ...