Philadelphia, Pennsylvania--(Newsfile Corp. - April 23, 2026) - What is Happening? Grabar Law Office is investigating potential claims on behalf of investors of LKQ Corporation (NASDAQ: LKQ). The investigation concerns whether certain officers of the company have breached their fiduciary duties they owed to the company.

Did LKQ Mislead Investors About Its Uni-Select / FinishMaster Acquisition?

Shareholders who purchased LKQ Corporation (NASDAQ: LKQ) shares prior to February 27, 2023 should visit https://grabarlaw.com/the-latest/lkq-shareholder-investigation/, contact Joshua H. Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. You can seek corporate reforms, the return of funds back to the Company, and a court approved incentive award at no cost you whatsoever. Shareholders who purchased LKQ Corporation shares between February 27, 2023, and July 23, 2025, can participate in the class action.

Why? A recently filed federal securities class action alleges that LKQ and certain of its senior executives misled investors regarding the performance and risks associated with its $2.1 billion acquisition of Uni-Select, including the FinishMaster business.

According to the complaint, LKQ Corporation (NASDAQ: LKQ), through certain of its officers, made materially false and misleading statements and failed to disclose that:

• FinishMaster was losing major customers even before the acquisition closed
• The business was unable to maintain market share amid increasing competition
• Integration efforts were not producing the expected revenue or margin benefits
• Competitive pricing pressure was eroding profitability

As a result, it is alleged that LKQ's reported financial strength and growth prospects were allegedly materially overstated.

Investors allegedly began to learn the truth through a series of disclosures between April 2024 and July 2025, when LKQ: cut financial guidance multiple times; reported missed revenue and margin targets; admitted that FinishMaster had been losing customers since before the acquisition; and disclosed ongoing market share losses due to competitive pricing pressure.

What Can You Do Now? If you have held LKQ Corporation (NASDAQ: LKQ) shares prior to February 27, 2023, you can seek corporate reforms, the return of funds back to the Company, and a court approved incentive award at no cost you whatsoever. Visit https://grabarlaw.com/the-latest/lkq-shareholder-investigation/, contact Joshua H. Grabar at jgrabar@grabarlaw.com, or call 267-507-6085 to learn more. Shareholders who purchased LKQ Corporation shares between February 27, 2023, and July 23, 2025, can participate in the class action.

$LKQ #LKQ #LKQCorporation

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Source: Grabar Law Office