{"success":true,"data":{"pressRelease":{"id":"13055","rtpr_id":"nPn3H4zQCa","ticker":"LKQ","exchange":"NASDAQ","all_tickers":["LKQ"],"title":"LKQ DEADLINE: Levi & Korsinsky Reminds LKQ Corporation Investors of Upcoming Securities Class Action Deadline","author":"PR Newswire","published_at":"2026-04-29T13:00:14.830Z","article_body":"LKQ DEADLINE: Levi & Korsinsky Reminds LKQ Corporation Investors of Upcoming Securities Class Action Deadline\n\nPR Newswire\n\nNEW YORK, April 29, 2026\n\nNotice to Pension Funds, Asset Managers, and Fiduciaries\n\nNEW YORK, April 29, 2026 /PRNewswire/ -- Institutional investors holding\npositions in LKQ Corporation (NASDAQ: LKQ) during the period February 27,\n2023 through July 23, 2025 may wish to evaluate lead plaintiff opportunities\nin a pending securities class action. Request an institutional investor loss\nassessment\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4675878-3&h=1977782806&u=https%3A%2F%2Fzlk.com%2Fcases%2Flkq-corporation-class-action-lawsuit-lkq%3Fprid%3D185834%26wire%3D4&a=Request+an+institutional+investor+loss+assessment)\n. You may also contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com\n(mailto:jlevi@levikorsinsky.com)  or (212) 363-7500.\n\n(https://mma.prnewswire.com/media/2280334/Levi_and_Korsinsky_Logo.html)\n\nLKQ shares suffered successive declines of 14.9%, 12.4%, 11.6%, and 17.8% as\nconcealed problems with its $2.1 billion Uni-Select acquisition were revealed\nover multiple quarters. The window to apply for lead plaintiff closes on June\n22, 2026.\n\nFiduciary Obligations and Recovery Options\n\nPension funds, endowments, and asset managers with fiduciary duties to\nbeneficiaries should evaluate whether participation in the LKQ securities\naction is warranted. Fiduciaries who held LKQ shares during the class period\nmay have an obligation to investigate recovery options on behalf of their\nbeneficiaries. Key considerations include:\n\n * Institutional holders purchased LKQ shares at prices allegedly inflated by\nconcealed customer losses at FinishMaster, which accounted for roughly 40% of\nUni-Select's annual revenue\n * The company touted \"minimal integration risk\" and projected $55 million in\ncost synergies, later revised to $65 million, while FinishMaster was actively\nlosing major clients\n * Portfolio losses compounded across multiple corrective disclosures spanning\nApril 2024 through July 2025\n * Lead plaintiffs gain direct oversight of litigation strategy, settlement\nnegotiations, and counsel selection\n * Serving as lead plaintiff carries no additional financial obligation beyond\nthe time commitment involved\nPortfolio Impact Assessment\n\nThe lawsuit contends that LKQ's Wholesale North America segment missed revenue\ntargets by approximately $200 million and EBITDA margin targets by $24 million\nas customer attrition overwhelmed the supposed synergy benefits. The complaint\nfurther alleges that by July 2025, competitors had taken significant market\nshare by undercutting LKQ on price, causing an additional $20 million EBITDA\nshortfall and a year-over-year margin decline of 11%.\n\nInstitutional investors with concentrated positions in the automotive\naftermarket sector may have experienced amplified harm from these alleged\nmisrepresentations.\n\nContact us for institutional recovery options\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4675878-3&h=678771358&u=https%3A%2F%2Fzlk.com%2Fcases%2Flkq-corporation-class-action-lawsuit-lkq%3Fprid%3D185834%26wire%3D4&a=Contact+us+for+institutional+recovery+options)\n or call Joseph E. Levi, Esq. at (212) 363-7500.\n\nCase Summary\n\n\"Institutional investors play a critical role in securities class actions.\nTheir participation helps ensure that cases are prosecuted effectively and\nthat recoveries reflect the full scope of harm suffered by the class.\" --\nJoseph E. Levi, Esq.\n\nThe action, filed in the United States District Court for the Middle District\nof Tennessee, alleges that LKQ and certain senior executives violated Sections\n10(b) and 20(a) of the Securities Exchange Act of 1934 by making materially\nfalse and misleading statements about the acquisition and integration of\nUni-Select and its subsidiary FinishMaster. The complaint asserts that\nmanagement concealed that FinishMaster had been losing major customers since\nbefore the acquisition closed, while publicly characterizing the deal as a\n\"highly synergistic opportunity\" with accelerating benefits.\n\nINSTITUTIONAL INVESTOR REPRESENTATION -- Levi & Korsinsky, LLP provides\nsophisticated counsel to institutional investors evaluating lead plaintiff\nopportunities. The firm has recovered hundreds of millions of dollars. Ranked\namong ISS Top 50 for seven consecutive years.\n\nFrequently Asked Questions About the LKQ Lawsuit\n\nQ: Who is eligible to join the LKQ investor lawsuit? A: Investors who\npurchased LKQ stock or securities between February 27, 2023 and July 23, 2025\nand suffered financial losses may be eligible. Eligibility is based on\npurchase date and documented losses, not on whether you still hold the shares.\n\nQ: What is the LKQ lead plaintiff deadline? A: The deadline to apply for lead\nplaintiff appointment is June 22, 2026. This deadline applies only to\ninvestors seeking to serve as lead plaintiff. Class members who do not apply\nmay still participate in any recovery without taking action before this date.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is\nthe investor appointed by the court to represent the entire class. Lead\nplaintiffs are typically investors with the largest documented losses. Being\nappointed does not increase individual recovery but gives direct oversight of\nhow the case is run.\n\nQ: What documents do I need to make a claim? A: Brokerage statements or trade\nconfirmations showing purchase dates, share quantities, prices paid, and any\nsubsequent sale dates and prices.\n\nQ: What does it cost me to participate? A: Nothing. Securities class actions\nare handled on a pure contingency basis. No upfront fees, no retainer, no\nout-of-pocket costs.\n\nQ: What if I live outside the United States? A: U.S. securities class actions\ngenerally cover purchases on U.S. exchanges regardless of investor's country\nof residence.\n\nCONTACT:\\\n\nLevi & Korsinsky, LLP\\\n\nJoseph E. Levi, Esq.\\\n\nEd Korsinsky, Esq.\\\n\n33 Whitehall Street, 27th Floor\\\n\nNew York, NY 10004\\\n\njlevi@levikorsinsky.com (mailto:jlevi@levikorsinsky.com) \\\n\nTel: (212) 363-7500\\\n\nFax: (212) 363-7171\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/lkq-deadline-levi--korsinsky-reminds-lkq-corporation-investors-of-upcoming-securities-class-action-deadline-302756762.html\n(https://www.prnewswire.com/news-releases/lkq-deadline-levi--korsinsky-reminds-lkq-corporation-investors-of-upcoming-securities-class-action-deadline-302756762.html)\n\nSOURCE Levi & Korsinsky, LLP\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/2280334/Levi_and_Korsinsky_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn3H4zQCa","title":"LKQ DEADLINE: Levi & Korsinsky Reminds LKQ Corporation Investors of Upcoming Securities Class Action Deadline","author":"PR Newswire","ticker":"LKQ","created":"2026-04-29T13:00:14.830Z","tickers":["LKQ"],"exchange":"NASDAQ","article_body":"LKQ DEADLINE: Levi & Korsinsky Reminds LKQ Corporation Investors of Upcoming Securities Class Action Deadline\n\nPR Newswire\n\nNEW YORK, April 29, 2026\n\nNotice to Pension Funds, Asset Managers, and Fiduciaries\n\nNEW YORK, April 29, 2026 /PRNewswire/ -- Institutional investors holding\npositions in LKQ Corporation (NASDAQ: LKQ) during the period February 27,\n2023 through July 23, 2025 may wish to evaluate lead plaintiff opportunities\nin a pending securities class action. Request an institutional investor loss\nassessment\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4675878-3&h=1977782806&u=https%3A%2F%2Fzlk.com%2Fcases%2Flkq-corporation-class-action-lawsuit-lkq%3Fprid%3D185834%26wire%3D4&a=Request+an+institutional+investor+loss+assessment)\n. You may also contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com\n(mailto:jlevi@levikorsinsky.com)  or (212) 363-7500.\n\n(https://mma.prnewswire.com/media/2280334/Levi_and_Korsinsky_Logo.html)\n\nLKQ shares suffered successive declines of 14.9%, 12.4%, 11.6%, and 17.8% as\nconcealed problems with its $2.1 billion Uni-Select acquisition were revealed\nover multiple quarters. The window to apply for lead plaintiff closes on June\n22, 2026.\n\nFiduciary Obligations and Recovery Options\n\nPension funds, endowments, and asset managers with fiduciary duties to\nbeneficiaries should evaluate whether participation in the LKQ securities\naction is warranted. Fiduciaries who held LKQ shares during the class period\nmay have an obligation to investigate recovery options on behalf of their\nbeneficiaries. Key considerations include:\n\n * Institutional holders purchased LKQ shares at prices allegedly inflated by\nconcealed customer losses at FinishMaster, which accounted for roughly 40% of\nUni-Select's annual revenue\n * The company touted \"minimal integration risk\" and projected $55 million in\ncost synergies, later revised to $65 million, while FinishMaster was actively\nlosing major clients\n * Portfolio losses compounded across multiple corrective disclosures spanning\nApril 2024 through July 2025\n * Lead plaintiffs gain direct oversight of litigation strategy, settlement\nnegotiations, and counsel selection\n * Serving as lead plaintiff carries no additional financial obligation beyond\nthe time commitment involved\nPortfolio Impact Assessment\n\nThe lawsuit contends that LKQ's Wholesale North America segment missed revenue\ntargets by approximately $200 million and EBITDA margin targets by $24 million\nas customer attrition overwhelmed the supposed synergy benefits. The complaint\nfurther alleges that by July 2025, competitors had taken significant market\nshare by undercutting LKQ on price, causing an additional $20 million EBITDA\nshortfall and a year-over-year margin decline of 11%.\n\nInstitutional investors with concentrated positions in the automotive\naftermarket sector may have experienced amplified harm from these alleged\nmisrepresentations.\n\nContact us for institutional recovery options\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4675878-3&h=678771358&u=https%3A%2F%2Fzlk.com%2Fcases%2Flkq-corporation-class-action-lawsuit-lkq%3Fprid%3D185834%26wire%3D4&a=Contact+us+for+institutional+recovery+options)\n or call Joseph E. Levi, Esq. at (212) 363-7500.\n\nCase Summary\n\n\"Institutional investors play a critical role in securities class actions.\nTheir participation helps ensure that cases are prosecuted effectively and\nthat recoveries reflect the full scope of harm suffered by the class.\" --\nJoseph E. Levi, Esq.\n\nThe action, filed in the United States District Court for the Middle District\nof Tennessee, alleges that LKQ and certain senior executives violated Sections\n10(b) and 20(a) of the Securities Exchange Act of 1934 by making materially\nfalse and misleading statements about the acquisition and integration of\nUni-Select and its subsidiary FinishMaster. The complaint asserts that\nmanagement concealed that FinishMaster had been losing major customers since\nbefore the acquisition closed, while publicly characterizing the deal as a\n\"highly synergistic opportunity\" with accelerating benefits.\n\nINSTITUTIONAL INVESTOR REPRESENTATION -- Levi & Korsinsky, LLP provides\nsophisticated counsel to institutional investors evaluating lead plaintiff\nopportunities. The firm has recovered hundreds of millions of dollars. Ranked\namong ISS Top 50 for seven consecutive years.\n\nFrequently Asked Questions About the LKQ Lawsuit\n\nQ: Who is eligible to join the LKQ investor lawsuit? A: Investors who\npurchased LKQ stock or securities between February 27, 2023 and July 23, 2025\nand suffered financial losses may be eligible. Eligibility is based on\npurchase date and documented losses, not on whether you still hold the shares.\n\nQ: What is the LKQ lead plaintiff deadline? A: The deadline to apply for lead\nplaintiff appointment is June 22, 2026. This deadline applies only to\ninvestors seeking to serve as lead plaintiff. Class members who do not apply\nmay still participate in any recovery without taking action before this date.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is\nthe investor appointed by the court to represent the entire class. Lead\nplaintiffs are typically investors with the largest documented losses. Being\nappointed does not increase individual recovery but gives direct oversight of\nhow the case is run.\n\nQ: What documents do I need to make a claim? A: Brokerage statements or trade\nconfirmations showing purchase dates, share quantities, prices paid, and any\nsubsequent sale dates and prices.\n\nQ: What does it cost me to participate? A: Nothing. Securities class actions\nare handled on a pure contingency basis. No upfront fees, no retainer, no\nout-of-pocket costs.\n\nQ: What if I live outside the United States? A: U.S. securities class actions\ngenerally cover purchases on U.S. exchanges regardless of investor's country\nof residence.\n\nCONTACT:\\\n\nLevi & Korsinsky, LLP\\\n\nJoseph E. Levi, Esq.\\\n\nEd Korsinsky, Esq.\\\n\n33 Whitehall Street, 27th Floor\\\n\nNew York, NY 10004\\\n\njlevi@levikorsinsky.com (mailto:jlevi@levikorsinsky.com) \\\n\nTel: (212) 363-7500\\\n\nFax: (212) 363-7171\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/lkq-deadline-levi--korsinsky-reminds-lkq-corporation-investors-of-upcoming-securities-class-action-deadline-302756762.html\n(https://www.prnewswire.com/news-releases/lkq-deadline-levi--korsinsky-reminds-lkq-corporation-investors-of-upcoming-securities-class-action-deadline-302756762.html)\n\nSOURCE Levi & Korsinsky, LLP\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/2280334/Levi_and_Korsinsky_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-04-29T13:00:15.131838074Z","server_sent_at_ms":1777467615131},"received_at":"2026-04-29T13:00:15.190Z","source_url":null},"analysis":null,"durationMs":null,"modelName":null}}