Pomerantz Law Firm Investigates Claims from Car-Mart Investors of America
PR Newswire
1h ago
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Pomerantz LLP represents the claims related to an investor survey conducted by America regarding Car-Mart, Inc. ( NASDAQ : CRMT ) The survey focuses on whether the company and some of its senior executives and/or directors have engaged in securities fraud or other illegal business practices. The article lists several disclosures made by Car-Mart in July 2025 and September 2026, as well as the subsequent decline in the company's stock price.
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New York, October 1st / PRNewswire / -- Pomerantz LLP represents the investors of America's Car-Mart, Inc. ("Car-Mart" or "Company") ( NASDAQ : CRMT ). Interested investors may contact Danielle Peyton at the email address [ email protected ], the phone number is 646-581-9980, extension 7980.

This investigation involves whether Car-Mart and some of its senior executives and/or directors are engaged in securities fraud or other illegal business practices.

[Click here to learn about joining the class action.]

On July 15, 2025, Car-Mart disclosed that due to "management identifying the need to enhance disclosures related to loan modifications for borrowers facing financial difficulties," the company will delay the submission of its annual report.

Affected by this news, the stock price of Car-Mart fell by $3.12 on July 15, 2025, a decrease of 5.12%, closing at $57.26.

Subsequently, on July 30, 2025, the company disclosed that due to omissions in the 'disclosures related to loan modifications with borrowers facing financial difficulties,' including 'qualitative and quantitative information on the types of modifications adopted by the company,' 'financial impacts of the modifications categorized by type,' and 'the performance of accounts receivable within 12 months after the modifications,' the company has 'concluded that certain previously released financial statements should no longer be relied upon.'

Affected by this news, the stock price of Car-Mart fell by $3.70 on July 30, 2025, a decrease of 7.5%, closing at $45.57.

On September 4, 2025, Car-Mart announced its financial results for the first quarter of the 2025 fiscal year, which showed that "sales volume decreased by 5.7% to 13,568 units, compared to 14,391 units in the same period of the previous year." The company attributed this to "prioritizing the inclusion of customers with the strongest performance ratings" and "the quality of vehicles sold to customers with better credit quality, aimed at controlling subsequent maintenance costs."

Affected by this news, the stock price of Car-Mart fell by $8.14 on September 4, 2025, a decrease of 18.2%, closing at $36.51.

Finally, on September 9, 2026, the company announced its financial results for the first quarter of fiscal year 2027. Among other things, Car-Mart reported a year-over-year decline in revenue of 57.3% to $145.8 million, with the net write-off amount accounting for 9.5% of the average financed accounts receivable, compared to 6.6% in the same period last year.

Affected by this news, the stock price of Car-Mart fell by $1.00 on September 9, 2026, a decrease of 40.76%, closing at $1.48.

Pomerantz LLP has offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, and is recognized as one of the top law firms in the fields of corporate law, securities law, and class action litigation. The firm was founded by the late Abraham L Pomerantz, who was known as the "dean" of the class action litigation community and pioneered the field of securities class actions. More than 85 years have passed since then, and Pomerantz continues this tradition, dedicated to protecting the rights of victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The firm has recovered millions of dollars in compensation on behalf of its class members. For more information, please refer to www.pomlaw.com.

Lawyer advertisement. Past results do not guarantee similar outcomes in the future.

Contact Information:

Danielle Peyton
Pomerantz LLP
[ email protected ]
646-581-9980 ext . 7980

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