CarMax, Inc. (NYSE: KMX) ("CarMax" or the "Company"), today confirmed that its Board of Directors (the "Board") received a notice from Starboard Value LP ("Starboard"), nominating two directors for ...

Activist investor Starboard Value is suggesting that CarMax clip a few hundred bucks off its prices and shift to more dynamic pricing in order to make it more competitive for market share.

26CV0232: Carmax Business Services, LLC v. Carmax Auto Finance, Verderly Norvilus, breach of contract. 26CV0233: Jefferson Capital Systems LLC v. Loyd Alexander, breach of contract. All cases are ...

Starboard Value LP (together with its affiliates, "Starboard"), a significant stockholder of CarMax Inc. ("CarMax" or the "Company") (NYSE: KMX), today announced that it has delivered a letter to ...

Starboard ⁠Value ⁠has taken a stake in ⁠CarMax and nominated two directors to its board, urging ​the used car retailer to improve the experience of its digital users, cut costs and ‌change its pricing ...

Starboard Value said ​it has taken a stake in CarMax and nominated two directors to its board, urging the used car retailer ‌to improve the experience of its digital users, cut costs and change its ...

Drivers in search of used cars have several options, but for many, CarMax is the top choice. However, the nation's number one used vehicle retailer is currently under fire after being accused of ...

The largest used car dealer in the country, CarMax, has agreed to pay close to $500,000 to resolve claims that it unlawfully repossessed U.S. military personnel’s cars. Each impacted military member ...

Allegedly not handling vehicles correctly with members of the military on active duty landed CarMax in trouble with the Justice Department to the tune of nearly $500,000. On Monday, Justice Department ...

This article by Karen Jowers originally appeared on Military Times, the nation's largest independent newsroom dedicated to covering the military and veteran community. CarMax, the nation’s largest ...

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 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.