The Law Offices of Howard G. Smith said it is investigating potential violations of federal securities laws by America's Car-Mart, Inc. on behalf of investors who suffered losses. The inquiry follows the company's July 15, 2025 disclosure that it would delay its annual report to enhance disclosures about loan modifications for borrowers experiencing financial difficulty. The stock fell $3.12, or 5.2%, that day to close at $57.26. On July 30, 2025, Car-Mart said certain previously issued financial statements should no longer be relied upon because disclosures about loan modifications omitted qualitative and quantitative information, the financial effects by modification type and receivable performance during the following 12 months. The stock fell another $3.70, or 7.5%, to close at $45.57. Car-Mart later reported a 5.7% decline in first-quarter fiscal 2025 sales volumes to 13,568 units, sending the stock down $8.14, or 18.2%, to $36.51 on September 4, 2025. On September 9, 2026, the company reported fiscal 2027 first-quarter revenue of $145.8 million, down 57.3% year over year, while net charge-offs rose to 9.5% of average finance receivables from 6.6% a year earlier. The stock fell as much as $0.98, or 39.36%, in intraday trading. Investors can contact the law firm by email, telephone or through its website to discuss potential claims.