• Class action securities lawsuit filed over alleged misstatements tied to LKQ’s USD 2.1 billion acquisition and integration of Uni-Select and its subsidiary FinishMaster, covering purchases from Feb. 27, 2023 to July 23, 2025.
• Complaint alleges management downplayed integration risk while FinishMaster was losing customers and market share, later contributing to guidance cuts and missed targets.
• Shares fell 14.9% on April 23, 2024, 12.4% on July 25, 2024, 11.6% on April 24, 2025, 17.8% on July 24, 2025 as disclosures highlighted deteriorating performance.
• Lawsuit also alleges Wholesale North America missed revenue targets by about USD 200 million; margin pressure later contributed to missing EBITDA targets by USD 20 million in July 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LKQ Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605070900PR_NEWS_USPR_____NY53579) on May 07, 2026, and is solely responsible for the information contained therein.