{"success":true,"data":{"pressRelease":{"id":"25813","rtpr_id":"nPnC11lxa","ticker":"LKQ","exchange":"NASDAQ","all_tickers":["LKQ"],"title":"Lost Money on LKQ Corporation (LKQ)? Join Class Action Suit Seeking Recovery - Contact SueWallSt","author":"PR Newswire","published_at":"2026-05-07T13:00:10.823Z","article_body":"Lost Money on LKQ Corporation (LKQ)? Join Class Action Suit Seeking Recovery - Contact SueWallSt\n\nPR Newswire\n\nNEW YORK, May 7, 2026\n\nImportant Notice Regarding Alleged Acquisition Integration Misrepresentations\n\nNEW YORK, May 7, 2026 /PRNewswire/ -- SueWallSt notifies investors in LKQ\nCorporation (NASDAQ: LKQ) that a class action lawsuit has been filed on behalf\nof shareholders who purchased securities between February 27, 2023 and July\n23, 2025. Find out if you qualify to recover losses\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4682926-16&h=3709294598&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Flkq-corporation-class-action-lawsuit-lkq%3Fprid%3D185838%26wire%3D4&a=Find+out+if+you+qualify+to+recover+losses)\n. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com\n(mailto:jlevi@SueWallSt.com)  or (888) SueWallSt.\n\n(https://mma.prnewswire.com/media/2937620/suewallst_logo_1_Logo.html)\n\nLKQ paid $2.1 billion to acquire Uni-Select and its subsidiary FinishMaster,\nthen watched its stock suffer successive drops of 14.9%, 12.4%, 11.6%, and\n17.8% as the truth about the acquisition's deteriorating performance slowly\nemerged.\n\nHow the $2.1 Billion Acquisition Allegedly Unraveled\n\nThe automotive parts distributor announced the Uni-Select acquisition in\nFebruary 2023, calling it a \"compelling strategic fit\" with \"minimal\nintegration risk.\" The lawsuit contends that, from the moment the deal was\nannounced, FinishMaster was already losing a key clients and overall market\nshare to competitors who undercut LKQ on price. Rather than disclose this\nerosion, the Company allegedly continued to tout growing synergies and\naccelerating integration milestones.\n\nBy October 2024, the Company admitted that customer losses had started\n\"pre-acquisition or pre-closing and leading into post-acquisition,\" according\nto the lawsuit. By that point, investors had already absorbed two rounds of\nguidance cuts and billions in lost market capitalization.\n\nKey Acquisition Fraud Allegations for Shareholders\n\nThe complaint alleges that throughout the Class Period, management:\n\n * Represented FinishMaster as a source of revenue growth while it was actively\nlosing major customers to competitors\n * Touted \"minimal integration risk\" while customer attrition was accelerating\nbefore the deal even closed\n * Raised the synergy target from $55 million to $65 million even as the\nunderlying business deteriorated\n * Concealed that the Wholesale North America segment was missing revenue targets\nby approximately $200 million\n * Assured investors the business had \"stabilized\" in October 2024, only to\nreveal continued market share losses months later\n * Attributed declining performance to weather and slowing demand rather than the\ncompetitive pricing pressures and customer defections they allegedly knew\nabout\nThe Competitive Pricing Pressure Factor\n\nThe action contends that LKQ's competitors systematically undercut the Company\non price throughout the integration period, drawing away customers that\nFinishMaster had served across its approximately 200 U.S. locations.\nFinishMaster accounted for roughly 40% of Uni-Select's annual revenue, making\nthese losses material to LKQ's consolidated financial performance. By July\n2025, margin deterioration driven by this competitive dynamic caused LKQ to\nmiss EBITDA targets by $20 million and suffer an 11% year-over-year decline.\n\n\"This case presents important questions about acquisition disclosure\nobligations in the automotive parts distribution sector. When a company pays\n$2.1 billion for a business and tells shareholders the deal carries 'minimal\nintegration risk,' investors are entitled to know if customers are already\nleaving.\" -- Joseph E. Levi, Esq.\n\nSubmit your information to join this case\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4682926-16&h=2389279613&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Flkq-corporation-class-action-lawsuit-lkq%3Fprid%3D185838%26wire%3D4&a=Submit+your+information+to+join+this+case)\n or contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com\n(mailto:jlevi@SueWallSt.com)  or (888) SueWallSt.\n\nFrequently Asked Questions About the LKQ Lawsuit\n\nQ: What is the LKQ class action lawsuit about? A: A securities class action\nhas been filed against LKQ Corporation (NASDAQ: LKQ) alleging materially false\nand misleading statements between February 27, 2023 and July 23, 2025,\nregarding the acquisition and integration of Uni-Select and FinishMaster.\nShares suffered successive declines of 14.9%, 12.4%, 11.6%, and 17.8% after\nthe truth was revealed through multiple corrective disclosures, causing\nsignificant losses for shareholders.\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: How much did LKQ stock drop? A: Shares suffered multiple declines: $7.28\nper share (14.9%) on April 23, 2024; $5.53 per share (12.4%) on July 25, 2024;\n$4.87 per share (11.6%) on April 24, 2025; and $6.88 per share (17.8%) on July\n24, 2025 as the Company disclosed deteriorating acquisition performance and\ncontinued market share losses.\n\nQ: What if I already sold my LKQ shares -- can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthem. Investors who bought during the class period and sold at a loss may\nstill participate.\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 missed the lead plaintiff deadline? A: The deadline applies only\nto investors seeking lead plaintiff appointment. Class members who miss it can\nstill participate in any settlement or recovery.\n\nCONTACT:\\\n\nSueWallSt\\\n\nJoseph E. Levi, Esq.\\\n\nEd Korsinsky, Esq.\\\n\n33 Whitehall Street, 27th Floor\\\n\nNew York, NY 10004\\\n\njlevi@SueWallSt.com (mailto:jlevi@SueWallSt.com) \\\n\nTel: (888) SueWallSt\\\n\nFax: (212) 363-7171\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/lost-money-on-lkq-corporation-lkq-join-class-action-suit-seeking-recovery---contact-suewallst-302765090.html\n(https://www.prnewswire.com/news-releases/lost-money-on-lkq-corporation-lkq-join-class-action-suit-seeking-recovery---contact-suewallst-302765090.html)\n\nSOURCE SueWallSt.com\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/2937620/suewallst_logo_1_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPnC11lxa","title":"Lost Money on LKQ Corporation (LKQ)? Join Class Action Suit Seeking Recovery - Contact SueWallSt","author":"PR Newswire","ticker":"LKQ","created":"2026-05-07T13:00:10.823Z","tickers":["LKQ"],"exchange":"NASDAQ","article_body":"Lost Money on LKQ Corporation (LKQ)? Join Class Action Suit Seeking Recovery - Contact SueWallSt\n\nPR Newswire\n\nNEW YORK, May 7, 2026\n\nImportant Notice Regarding Alleged Acquisition Integration Misrepresentations\n\nNEW YORK, May 7, 2026 /PRNewswire/ -- SueWallSt notifies investors in LKQ\nCorporation (NASDAQ: LKQ) that a class action lawsuit has been filed on behalf\nof shareholders who purchased securities between February 27, 2023 and July\n23, 2025. Find out if you qualify to recover losses\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4682926-16&h=3709294598&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Flkq-corporation-class-action-lawsuit-lkq%3Fprid%3D185838%26wire%3D4&a=Find+out+if+you+qualify+to+recover+losses)\n. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com\n(mailto:jlevi@SueWallSt.com)  or (888) SueWallSt.\n\n(https://mma.prnewswire.com/media/2937620/suewallst_logo_1_Logo.html)\n\nLKQ paid $2.1 billion to acquire Uni-Select and its subsidiary FinishMaster,\nthen watched its stock suffer successive drops of 14.9%, 12.4%, 11.6%, and\n17.8% as the truth about the acquisition's deteriorating performance slowly\nemerged.\n\nHow the $2.1 Billion Acquisition Allegedly Unraveled\n\nThe automotive parts distributor announced the Uni-Select acquisition in\nFebruary 2023, calling it a \"compelling strategic fit\" with \"minimal\nintegration risk.\" The lawsuit contends that, from the moment the deal was\nannounced, FinishMaster was already losing a key clients and overall market\nshare to competitors who undercut LKQ on price. Rather than disclose this\nerosion, the Company allegedly continued to tout growing synergies and\naccelerating integration milestones.\n\nBy October 2024, the Company admitted that customer losses had started\n\"pre-acquisition or pre-closing and leading into post-acquisition,\" according\nto the lawsuit. By that point, investors had already absorbed two rounds of\nguidance cuts and billions in lost market capitalization.\n\nKey Acquisition Fraud Allegations for Shareholders\n\nThe complaint alleges that throughout the Class Period, management:\n\n * Represented FinishMaster as a source of revenue growth while it was actively\nlosing major customers to competitors\n * Touted \"minimal integration risk\" while customer attrition was accelerating\nbefore the deal even closed\n * Raised the synergy target from $55 million to $65 million even as the\nunderlying business deteriorated\n * Concealed that the Wholesale North America segment was missing revenue targets\nby approximately $200 million\n * Assured investors the business had \"stabilized\" in October 2024, only to\nreveal continued market share losses months later\n * Attributed declining performance to weather and slowing demand rather than the\ncompetitive pricing pressures and customer defections they allegedly knew\nabout\nThe Competitive Pricing Pressure Factor\n\nThe action contends that LKQ's competitors systematically undercut the Company\non price throughout the integration period, drawing away customers that\nFinishMaster had served across its approximately 200 U.S. locations.\nFinishMaster accounted for roughly 40% of Uni-Select's annual revenue, making\nthese losses material to LKQ's consolidated financial performance. By July\n2025, margin deterioration driven by this competitive dynamic caused LKQ to\nmiss EBITDA targets by $20 million and suffer an 11% year-over-year decline.\n\n\"This case presents important questions about acquisition disclosure\nobligations in the automotive parts distribution sector. When a company pays\n$2.1 billion for a business and tells shareholders the deal carries 'minimal\nintegration risk,' investors are entitled to know if customers are already\nleaving.\" -- Joseph E. Levi, Esq.\n\nSubmit your information to join this case\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4682926-16&h=2389279613&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Flkq-corporation-class-action-lawsuit-lkq%3Fprid%3D185838%26wire%3D4&a=Submit+your+information+to+join+this+case)\n or contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com\n(mailto:jlevi@SueWallSt.com)  or (888) SueWallSt.\n\nFrequently Asked Questions About the LKQ Lawsuit\n\nQ: What is the LKQ class action lawsuit about? A: A securities class action\nhas been filed against LKQ Corporation (NASDAQ: LKQ) alleging materially false\nand misleading statements between February 27, 2023 and July 23, 2025,\nregarding the acquisition and integration of Uni-Select and FinishMaster.\nShares suffered successive declines of 14.9%, 12.4%, 11.6%, and 17.8% after\nthe truth was revealed through multiple corrective disclosures, causing\nsignificant losses for shareholders.\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: How much did LKQ stock drop? A: Shares suffered multiple declines: $7.28\nper share (14.9%) on April 23, 2024; $5.53 per share (12.4%) on July 25, 2024;\n$4.87 per share (11.6%) on April 24, 2025; and $6.88 per share (17.8%) on July\n24, 2025 as the Company disclosed deteriorating acquisition performance and\ncontinued market share losses.\n\nQ: What if I already sold my LKQ shares -- can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthem. Investors who bought during the class period and sold at a loss may\nstill participate.\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 missed the lead plaintiff deadline? A: The deadline applies only\nto investors seeking lead plaintiff appointment. Class members who miss it can\nstill participate in any settlement or recovery.\n\nCONTACT:\\\n\nSueWallSt\\\n\nJoseph E. Levi, Esq.\\\n\nEd Korsinsky, Esq.\\\n\n33 Whitehall Street, 27th Floor\\\n\nNew York, NY 10004\\\n\njlevi@SueWallSt.com (mailto:jlevi@SueWallSt.com) \\\n\nTel: (888) SueWallSt\\\n\nFax: (212) 363-7171\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/lost-money-on-lkq-corporation-lkq-join-class-action-suit-seeking-recovery---contact-suewallst-302765090.html\n(https://www.prnewswire.com/news-releases/lost-money-on-lkq-corporation-lkq-join-class-action-suit-seeking-recovery---contact-suewallst-302765090.html)\n\nSOURCE SueWallSt.com\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/2937620/suewallst_logo_1_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-05-07T13:00:10.885354295Z","server_sent_at_ms":1778158810885},"received_at":"2026-05-07T13:00:10.947Z","source_url":null},"analysis":null,"durationMs":null,"modelName":null}}