DOJ Reaches Settlement with CarMax over Illegal Repossession of Servicemembers' Vehicles

CarMax to pay $500K to settle illegal repossession claims involving military members

CarMax Inc., will pay at least $420,000 to service members to settle allegations that it illegally repossessed their vehicles.

CarMax settles with DOJ over illegal repossessions of dozens of servicemembers' cars

Central Virginia-based CarMax, Inc. will pay out nearly $500,000 to resolve allegations that it illegally repossessed dozens of vehicles owned by military service members.

CarMax to pay $420K to resolve DOJ allegations over servicemember vehicle repossessions

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 of Justice announced Monday.In addition to compensating affected service members, the company will pay a $79,380 civil penalty to the U.S., according to the DOJ.Federal officials accused CarMax of violating the Servicemembers Civil Relief Act (SCRA) …

CarMax to pay at least $420K to settle allegations of illegal repossessions of troops’ cars

CarMax, the nation’s largest retailer of used cars, has agreed to pay at least $420,000 in damages to service members whose vehicles were allegedly illegally repossessed, the Justice Department announced Monday.According to the consent agreement, CarMax repossessed the vehicles of “at least 28 service members who were in military service or had been called to military service,” during the period from March 1, 2018, through at least Oct. 24, 2023…

CarMax to pay nearly $500,000 in settlement over illegal repossession of servicemembers' vehicles

CarMax will be required to pay at least $420,000 in damages to servicemembers and a civil penalty of $79,380 to the United States, according to the DOJ.

DOJ reaches settlement with CarMax over illegal repossession of servicemembers' vehicles

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