Kyndryl (KD)
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ROSEN, SKILLED INVESTOR COUNSEL, Encourages Kyndryl Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KD
Globenewswire· 2026-02-11 22:36
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Kyndryl Holdings, Inc. securities for the period between August 7, 2024, and February 9, 2026, due to alleged misleading statements and financial misstatements [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Kyndryl's financial statements during the Class Period were materially misstated and that the company lacked adequate internal controls [5]. - It is alleged that Kyndryl would be unable to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025, which contributed to the misleading nature of the defendants' statements regarding the company's business and operations [5]. Group 2: Participation Information - Investors who purchased Kyndryl securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6].
KYNDRYL LAWSUIT ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Kyndryl Holdings, Inc. and Encourages Investors to Contact the Firm
Globenewswire· 2026-02-11 22:28
Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. for alleged misleading statements and financial mismanagement during the Class Period from August 7, 2024, to February 9, 2026 [2][8]. Allegation Details - The lawsuit claims that Kyndryl's financial statements during the Class Period were materially misstated and that the company lacked adequate internal controls, which led to an inability to timely file its Quarterly Report for the quarter ended December 31, 2025 [8]. - It is alleged that Kyndryl's statements regarding its business operations and prospects were materially false and misleading [8]. Company Developments - On February 9, 2026, Kyndryl announced a delay in releasing its fiscal Q3 2026 financial statement due to an accounting review related to cash management practices, which was prompted by document requests from the SEC [8]. - The announcement also included the immediate departures of Kyndryl's CFO and General Counsel [8]. - Following this news, Kyndryl's stock price dropped over 52% during trading on February 9, 2026 [8].
Kyndryl Holdings, Inc. Securities Class Action Lawsuit Filed; Lead Plaintiff Deadline April 13, 2026 – Robbins Geller Rudman & Dowd LLP
Businesswire· 2026-02-11 22:12
SAN DIEGO--(BUSINESS WIRE)---- $KD #KD--The case alleges Kyndryl misstated its financial statements and lacked adequate internal controls. ...
EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against Kyndryl Holdings, Inc. – KD
Businesswire· 2026-02-11 20:47
Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. for securities purchased between August 7, 2024, and February 9, 2026, seeking to recover damages under federal securities laws [1] Group 1 - The lawsuit is initiated by Rosen Law Firm, a global investor rights law firm [1] - The class action is specifically for purchasers of Kyndryl securities during the defined Class Period [1] - Investors interested in joining the class action can find more information on the Rosen Law Firm's website or contact a representative [1]
INVESTOR NOTICE: Investigation Launched into Kyndryl Holdings, Inc. (KD), Robbins Geller Rudman & Dowd LLP Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm
Businesswire· 2026-02-11 18:10
SAN DIEGO--(BUSINESS WIRE)---- $KD #KD--Robbins Geller is investigating whether Kyndryl and certain of its top executives made materially false and/or misleading statements to investors. ...
Kyndryl Holdings (KD) Extends Hertz Partnership While Navigating Deal Slippages
Yahoo Finance· 2026-02-11 17:20
Group 1 - Kyndryl Holdings, Inc. (NYSE:KD) is considered one of the best affordable tech stocks to buy currently, with a Buy rating maintained by Guggenheim analyst Jonathan Lee, who lowered the price target to $28 from $30 due to concerns about potential deal slippages impacting revenue growth for FY2026 [1][2] - Kyndryl has extended its technology services agreement with The Hertz Corporation for an additional five years, continuing their partnership focused on technology transformation initiatives [3] - During the extension period, Kyndryl will utilize its Agentic AI Framework and Kyndryl Consult services to modernize Hertz's technology ecosystem, enhancing workflows through AI deployment [4] Group 2 - Kyndryl Holdings, Inc. provides IT infrastructure services, including cloud migration, network management, cybersecurity, and digital workplace solutions, and was spun off from IBM in 2021 [5]
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Kyndryl Holdings
Prnewswire· 2026-02-11 14:37
Core Viewpoint - Kyndryl Holdings is under investigation for potential claims related to significant losses suffered by investors following the company's disclosure of issues with its cash management practices and internal controls, leading to a substantial decline in stock price [1]. Company Summary - Kyndryl Holdings, Inc. disclosed on February 9, 2026, that its Audit Committee is reviewing cash management practices and related disclosures, particularly concerning the adjusted free cash flow metric [1]. - The company expects to report material weaknesses in internal control over financial reporting for multiple reporting periods [1]. - Kyndryl stated that its previous assessment of internal control and the independent auditor's opinion in its Annual Report for the fiscal year ended March 31, 2025, should no longer be relied upon [1]. - The company announced the immediate departures of its Chief Financial Officer and General Counsel [1]. - Kyndryl filed a Form NT 10-Q indicating a delay in the filing of its Quarterly Report on Form 10-Q [1]. - Following these disclosures, Kyndryl's stock price declined approximately 50% on February 9, 2026 [1].
Kyndryl Unveils Agentic AI Workflow Governance for Trusted Deployment of Mission‑Critical AI Agents
Prnewswire· 2026-02-11 14:00
critical enterprise technology services, today unveiled the SAP Transformations Center of...][More Releases From This Source]## Explore[Computer & Electronics][Banking & Financial Services][Artificial Intelligence] [The Latest Artificial Intelligence News][News Releases in Similar Topics]---- -- Kyndryl Unveils Agentic AI Workflow Governance for Trusted Deployment of MissionCritical AI Agents [Accessibility Statement] Skip NavigationPolicy as code capability transforms compliance in regulated agentic AI wor ...
KD Stock Drop: Kyndryl Holdings, Inc. Stock Plummets 53% after Accounting Issues Revealed – Investors with Losses Notified to Contact BFA Law about its Investigation
Globenewswire· 2026-02-11 12:10
Core Viewpoint - Kyndryl Holdings, Inc. is under investigation for potential violations of federal securities laws, particularly concerning its cash management practices and financial reporting controls [1][3]. Company Overview - Kyndryl is a leading provider of enterprise technology services, offering advisory, implementation, and managed services in over 60 countries, making it the world's largest IT infrastructure services provider [2]. Investigation Details - The investigation by Bleichmar Fonti & Auld LLP focuses on whether Kyndryl misrepresented its cash management practices and the drivers of its adjusted free cash flow metric, as well as the effectiveness of its internal controls over financial reporting for FY2025 and the first three quarters of FY2026 [3]. Stock Performance - Following the announcement of a delay in the release of its fiscal Q3 2026 financial statement due to an accounting review, Kyndryl's stock price plummeted over 52% during trading on February 9, 2026 [4][5].
Looking At Kyndryl After A 50%+ Drop
Seeking Alpha· 2026-02-10 22:17
Core Viewpoint - The article discusses the investment position of the author in GLOB shares, indicating a beneficial long position through various means such as stock ownership and derivatives [1]. Group 1 - The author expresses personal opinions regarding GLOB and clarifies that no compensation is received for the article, aside from Seeking Alpha [1]. - There is an emphasis on the necessity for investors to conduct their own due diligence and research before making any investment decisions [2]. - The article highlights that past performance does not guarantee future results, and no specific investment recommendations are provided [3].