Archived Investigations

Kyndryl Holdings, Inc. (NYSE: KD)

Company Name:Kyndryl Holdings, Inc. (NYSE: KD)
Stock Symbol:NYSE: KD
Court:Southern District of New York
Class Period Start:08/01/2024
Class Period End (inclusive):02/09/2026
Filing Deadline:The deadline has passed.
February 12, 2026

On February 9, 2026, the Company disclosed that it would be unable to timely file its Form 10-Q Report for the quarter ended December 31, 2025 and that “the Company anticipates reporting material weaknesses in the Company’s internal control over financial reporting for the period covered in the Quarterly Report, as well as for the full fiscal year ended March 31, 2025, and the first two fiscal quarters of fiscal year 2026, which are expected to include, but may not be limited to, the effectiveness and strength of certain functions at the Company, including with respect to controls related to information and communication and tone at the top,” as well as the departure of its C.F.O and General Counsel. On this news, the price of Kyndryl’s shares fell $12.90 per share, or 55%, to close at $10.59 on February 9, 2026.

If you invested in Kyndryl and suffered a loss during the relevant time frame, you have until April 13, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.

The first-filed case is Brander v. Kyndryl Holdings, Inc., et al., No. 26-cv-00782. A subsequently filed case, Westchester Putnam Counties Heavy & Highway Laborers Local 60 Benefit Funds v. Kyndryl Holdings, Inc. et al., No. 26-cv-02211, expanded the class period.

Click here to read the first filed complaint.

Click here to read the subsequent complaint.