CarMax has agreed to pay $1.1 million to settle a consumer protection lawsuit prosecuted by multiple district attorneys’ offices, including Los Angeles County, alleging the company failed to timely transfer ownership of used vehicles to buyers, it was announced Wednesday.
The case, brought by prosecutors in Los Angeles, Santa Clara, San Francisco, Ventura, Sonoma and Riverside counties, alleged that since 2019 the company repeatedly failed to submit required registration and title transfer documents to the California Department of Motor Vehicles within mandated deadlines.
CarMax did not immediately respond to a request for comment…