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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
TMX Newsfile· 2026-02-23 23:05
New York, New York--(Newsfile Corp. - February 23, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Kyndryl Holdings, Inc. (NYSE: KD) between August 7, 2024 and February 9, 2026, both dates inclusive (the "Class Period"), of the important April 13, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.SO WHAT: If you purchased Kyndryl securities during the Class Period you may be entitled to compensation without payment of any ...
ROSEN, LEADING INVESTOR COUNSEL, Encourages Kyndryl Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KD
Globenewswire· 2026-02-23 22:05
NEW YORK, Feb. 23, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Kyndryl Holdings, Inc. (NYSE: KD) between August 7, 2024 and February 9, 2026, both dates inclusive (the “Class Period”), of the important April 13, 2026 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Kyndryl securities during the Class Period you may be entitled to compensation without payment of any out of pocket ...
Contact Levi & Korsinsky by April 13, 2026 Deadline to Join Class Action Against Kyndryl Holdings, Inc. (KD)
Globenewswire· 2026-02-23 20:51
NEW YORK, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Kyndryl Holdings, Inc. ("Kyndryl" or the "Company") (NYSE: KD) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Kyndryl investors who were adversely affected by alleged securities fraud between August 7, 2024 and February 9, 2026. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/kyndryl-holdings-lawsuit- ...
Kyndryl Holdings, Inc. (KD) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2026-02-23 20:21
Kyndryl Holdings, Inc. (KD) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit [Accessibility Statement] Skip NavigationBENSALEM, Pa., Feb. 23, 2026 /PRNewswire/ -- [The Law Offices of Howard G. Smith] announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Kyndryl Holdings, Inc. ("Kyndryl" or the "Company") (NYSE: [KD]).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN KYNDRYL HOLDINGS, INC. (KD), CONTACT THE LAW OFF ...
Shareholders who lost money in shares of Kyndryl Holdings, Inc. (NYSE: KD) should contact Wolf Haldenstein immediately
Globenewswire· 2026-02-23 17:51
NEW YORK, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a class action lawsuit has been filed against Kyndryl Holdings, Inc. (NYSE: KD)  (“Kyndryl” or the “Company”) inclusive on behalf of all persons and entities that purchased or otherwise acquired Kyndryl shares August 7, 2024 and February 9, 2026, both dates inclusive (the "Class Period"). Investors have until April 13, 2026, to seek appointments as lead plaintiff. PLEASE CLICK HERE TO JOIN THE CASE AND SUBMI ...
Kyndryl Holdings Sued For Securities Fraud; Investors Should Contact Block & Leviton to Recover Losses
Globenewswire· 2026-02-23 15:26
Core Viewpoint - A securities fraud lawsuit has been filed against Kyndryl Holdings, Inc. and certain executives following a significant drop in share price due to internal accounting issues and executive departures [1][2]. Group 1: Company Issues - Kyndryl Holdings' shares fell over 50% in intraday trading on February 9, 2026, after the company announced an internal accounting review and a delay in filing its quarterly report [2]. - The internal review focuses on cash management practices, related disclosures, and internal control over financial reporting, prompted by document requests from the SEC [2]. - Kyndryl does not expect a restatement of its financials but anticipates reporting material weaknesses in internal control over financial reporting for FY25 and the first three quarters of FY26 [2]. Group 2: Lawsuit Details - The lawsuit alleges that Kyndryl made false and misleading statements regarding its financial statements, internal controls, and the timely filing of its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025 [3]. - It is claimed that Kyndryl lacked adequate internal controls and materially understated issues related to them, leading to misleading statements about the company's business and prospects [3]. Group 3: Investor Information - Investors who purchased Kyndryl Holdings common stock between August 7, 2024, and February 9, 2026, may be eligible to participate in the lawsuit, regardless of whether they have sold their shares [4]. - The deadline to seek appointment as lead plaintiff is April 13, 2026, and a class has not yet been certified [5]. Group 4: Whistleblower Information - Individuals with non-public information about Kyndryl Holdings are encouraged to assist in the investigation or file a report with the SEC under the whistleblower program, potentially receiving rewards of up to 30% of any successful recovery [6]. Group 5: Legal Representation - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7].
INVESTOR NOTICE: Kyndryl Holdings, Inc. (KD) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - RGRD Law
Globenewswire· 2026-02-23 13:35
Core Viewpoint - Kyndryl Holdings, Inc. is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims of misleading financial statements and inadequate internal controls during the specified class period [1][3]. Summary by Sections Class Action Lawsuit Details - The class action lawsuit is titled Brander v. Kyndryl Holdings, Inc., and it allows purchasers of Kyndryl securities from August 7, 2024, to February 9, 2026, to seek lead plaintiff status by April 13, 2026 [1][5]. - The lawsuit alleges that Kyndryl's financial statements 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 [3][4]. Financial and Operational Implications - On February 9, 2026, Kyndryl announced it would be unable to file its Quarterly Report on Form 10-Q on time, citing a review of its cash management practices and internal controls following SEC inquiries [4]. - The company anticipates reporting material weaknesses in its internal control over financial reporting for the fiscal year ended March 31, 2025, and the first two quarters of fiscal year 2026 [4]. - Following the announcement, Kyndryl's stock price fell by 55% [4]. Company Background - Kyndryl operates as a technology services company and IT infrastructure services provider [2]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized as a leading firm in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [6].
Kyndryl Holdings, Inc. (KD) Investors Have Opportunity to Lead Securities Fraud Class Action Lawsuit
Globenewswire· 2026-02-22 23:45
Core Viewpoint - A securities fraud class action lawsuit has been filed against Kyndryl Holdings, Inc. for alleged material misstatements and omissions regarding its financial reporting and internal controls during the specified class period from August 7, 2024, to February 9, 2026 [2][4][6]. Summary by Relevant Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the Eastern District of New York, under the case caption Brander v. Kyndryl Holdings, Inc., et al, Case No. 1:26-cv-00782 (E.D.N.Y.) [2][4]. - Investors have until April 13, 2026, to file for lead plaintiff status [2][6]. Allegations - The complaint alleges that Kyndryl's financial statements during the class period were materially misstated [4]. - It is claimed that Kyndryl lacked adequate internal controls and materially understated issues related to these controls [4]. - The company is accused of being unable to timely file its quarterly report on Form 10-Q for the quarter ended December 31, 2025, due to these issues [4]. Investor Actions - Kyndryl investors can seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel by the April 13, 2026 deadline [5][6]. - Investors are encouraged to contact Kessler Topaz Meltzer & Check, LLP for a free case evaluation regarding their legal rights and recovery options [3][6].
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Kyndryl Holdings
TMX Newsfile· 2026-02-22 12:45
Core Viewpoint - Kyndryl Holdings, Inc. is facing significant scrutiny due to internal control weaknesses and cash management practices, leading to a substantial decline in stock price and potential legal claims from investors [4][5][6]. Group 1: Company Disclosures - On February 9, 2026, Kyndryl disclosed that its Audit Committee is reviewing cash management practices and related disclosures following voluntary document requests from the SEC's Division of Enforcement [4]. - Kyndryl expects to report material weaknesses in internal control over financial reporting for multiple reporting periods, indicating that previous assessments and auditor opinions should no longer be relied upon [5]. - The company announced the immediate departures of its Chief Financial Officer and General Counsel, and it will delay the filing of its Quarterly Report on Form 10-Q [6]. Group 2: Market Impact - Following the disclosures regarding internal control issues and management changes, Kyndryl's stock price declined approximately 50% on February 9, 2026 [6]. Group 3: Legal Implications - Faruqi & Faruqi, LLP is investigating potential claims against Kyndryl for investors who suffered significant losses, encouraging affected investors to discuss their legal rights [2][3].
INVESTOR NOTICE: Kyndryl Holdings, Inc. (KD) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces
Businesswire· 2026-02-21 18:35
Core Viewpoint - Kyndryl Holdings, Inc. is facing a class action lawsuit due to allegations of financial misstatements and inadequate internal controls, leading to significant investor losses during the specified class period [1] Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Brander v. Kyndryl Holdings, Inc., and it charges Kyndryl and certain executives with violations of the Securities Exchange Act of 1934 [1] - Investors who purchased Kyndryl securities between August 7, 2024, and February 9, 2026, can seek appointment as lead plaintiff until April 13, 2026 [1] - Allegations include that Kyndryl's financial statements were materially misstated and that the company lacked adequate internal controls [1] Group 2: Financial Reporting Issues - Kyndryl announced it would be unable to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025, due to internal control issues [1] - The company anticipates reporting material weaknesses in its internal control over financial reporting for the fiscal year ended March 31, 2025, and the first two quarters of fiscal year 2026 [1] - Kyndryl's stock price fell by 55% following the announcement of these issues [1] Group 3: Executive Departures - The lawsuit notes the immediate departure of key executives, including the Chief Financial Officer and General Counsel, which may indicate deeper issues within the company's management [1] - Vineet Khurana also stepped down from his position as Senior Vice President and Global Controller, further highlighting instability in Kyndryl's leadership [1]