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

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

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.

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

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 ...

Affected troops will receive $15,000 each, plus any lost equity in the repossessed vehicle, according to the 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 has agreed to pay nearly $500,000 to settle allegations that it violated the Servicemembers Civil Relief Act.

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 ...