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LKQ Shareholder Alert: LKQ Corporation Securities Class Action Lawsuit - Investors Should Contact The Gro
The firm says shareholders who bought LKQ shares during the class period can seek lead plaintiff status by June 22, 2026.
The Gross Law Firm notified LKQ Corporation shareholders of a class action lawsuit on Friday regarding misleading statements about the FinishMaster acquisition, with a June 22, 2026, deadline for lead plaintiff applications.
According to the complaint, LKQ executives touted the acquisition as a "compelling strategic fit" and "minimal integration risk," yet FinishMaster was losing major customers and market share to competitors like AutoZone.
LKQ missed EBITDA targets by approximately $20 million following the integration; on July 24, 2025, the company reported second-quarter earnings that missed analyst expectations, triggering significant stock decline.
The City of Miami General Employees' & Sanitation Employees' Retirement Trust filed the lawsuit in the United States District Court for the Middle District of Tennessee, seeking damages for alleged securities law violations.
Investors who purchased shares between February 27, 2023, and July 23, 2025, may seek lead plaintiff status by the June 22, 2026, deadline or remain as absent class members without obligation.