LKQ INVESTIGATION: LKQ Corp. Investors with Losses Should Contact Block & Leviton LLP

BOSTON, Oct. 23, 2026 (GLOBE NEWSWIRE) -- Block & Leviton is investigating LKQ Corp. (Nasdaq: LKQ) for potential securities law violations. Investors who have lost money in their LKQ investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/lkq.

What is this all about?

Block & Leviton is investigating whether LKQ and certain of its executives misled investors about the state of the company's European operations, including its enterprise software (ERP) rollout in Germany. On July 30, 2026, about a month into the third quarter, then-CEO Justin Jude reportedly told investors that German "operational processes have normalized." On October 23, 2026, however, LKQ released preliminary third-quarter results showing adjusted earnings well below analyst expectations and a projected net loss that included $111 million in impairments. The company also reported Europe profit margins roughly half of the prior year's level, which it blamed in part on ongoing "operational disruptions associated with the ERP implementation in Germany." On the same day, LKQ announced that its CEO and its head of Europe were leaving immediately, said it had hired a turnaround firm to stabilize Europe, and withdrew its full-year guidance, and the stock fell more than 17%.

Who is eligible?

Anyone who purchased LKQ common stock and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

What should you do next?

If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at shareholders@blockleviton.com, or by phone at (888) 256-2510.

Whistleblower?

If you have non-public information about LKQ, you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at whistleblowers@blockleviton.com or by phone at (888) 256-2510.

Why should you contact Block & Leviton?

Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, call (888) 256-2510 or email shareholders@blockleviton.com with any questions.

This notice may constitute attorney advertising.

CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (888) 256-2510
Email: shareholders@blockleviton.com