Archived Investigations

LKQ Corporation (NasdaqGS: LKQ)

Company Name:LKQ Corporation
Stock Symbol:NasdaqGS: LKQ
Court:Middle District of Tennessee
Class Period Start:02/27/2023
Class Period End (inclusive):07/23/2025
April 24, 2026

According to the Complaint, LKQ and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. The claims against Defendants arise from misrepresentations related to the Company’s acquisition of FinishMaster, completed in August 2023, and subsequent integration.

On July 24, 2025, the Company reported second-quarter adjusted earnings that missed analyst expectations and significantly cut its full-year guidance. Among other things, the Company disclosed that its Wholesale North America segment’s margin performance continued to decline, with the Company missing EBITDA targets by approximately $20 million and suffering a year-over-year decline of 11% primarily due to increased competition from others in the industry.

On this news, the price of LKQ’s shares fell by 17.8%. or $6.88 per share.

The case is City of Miami General Employees’ & Sanitation Employees’ Retirement Trust v. LKQ Corporation, No. 26-cv-00498.

Click here to read the first filed complaint.

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