LKQ Corporation: Notice of the June 22, 2026 Application Deadline for Class Action Lawsuit

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Kahn Swick & Foti, LLC (KSF) and KSF partner, former Attorney General of Louisiana Charles C. Foti, Jr., announced that they are notifying investors in LKQ Corporation (NasdaqGS: LKQ) of a class action securities lawsuit.

Allegations and class period

The lawsuit seeks to recover losses for investors of LKQ Corporation who were allegedly adversely affected by securities fraud between February 27, 2023, and July 23, 2025.

According to the Complaint, LKQ and certain of its executives are accused of failing to disclose material information during the class period, in violation of federal securities laws. The claims relate to alleged misrepresentations connected to the Company’s acquisition of FinishMaster, completed in August 2023, and subsequent integration.

Key developments cited in the complaint

On July 24, 2025, LKQ reported second-quarter adjusted earnings that missed analyst expectations and significantly reduced its full-year guidance. The Company disclosed that performance in its Wholesale North America segment continued to deteriorate.

The filing states that LKQ missed EBITDA targets by approximately $20 million and reported a year-over-year decline of 11%, which it attributed primarily to increased competition from other industry participants.

Following the news, LKQ’s share price fell by 17.8%, or $6.88 per share.

Case details

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

Lead plaintiff deadline and next steps

Investors who purchased LKQ shares and suffered losses during the relevant time frame have until June 22, 2026 to request that the Court appoint them as lead plaintiff. The notice also states that participation in any recovery does not require serving as a lead plaintiff.