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Kyndryl Holdings Inc

Shareholders who lost money in shares of Kyndryl Holdings, Inc. (NYSE: KD) should contact Wolf Haldenstein immediately

Lead Plaintiff Deadline is April 13, 2026

NEW YORK , Feb. 24, 2026 /PRNewswire/ --  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 SUBMIT CONTACT INFORMATION

Allegations in the Lawsuit

The lawsuit claims Kyndryl and its executives:

  1. Issued materially false or misleading financial statements
  2. Lacked adequate internal financial controls, and failed to accurately report issues
  3. Failed to timely file its December 31, 2025, Form 10-Q
  4. Made statements about Kyndryl's business and prospects that were false or lacked a reasonable basis

Case Overview   

On February 9, 2026, Kyndryl's stock price dropped over 50% in a single day after the company announced:

  • An internal accounting review
  • A delay in filing its quarterly report
  • The resignation of its CFO, David Wyshner

The review involves:

  • Cash management practices
  • Internal controls over financial reporting
  • Document requests from the SEC

Although Kyndryl said it doesn't expect to restate prior results, it expects to report material weaknesses in internal controls for its FY25 results and through the first three quarters of FY26.

Investors seeking appointment as Lead Plaintiff may file a motion with the court no later than April 13, 2026.

Why Wolf Haldenstein Adler Freeman & Herz LLP?:

This illustrious firm, founded in 1888, is steadfast in their pursuit of justice for investors who have suffered financial harm due to these misrepresented statements. The law firm brings to the fore over 125 years of legal expertise in securities litigation and has a proven track record of protecting the rights of investors.

We encourage all investors who have been affected or have information that will assist in our investigation, to contact Wolf Haldenstein Adler Freeman & Herz LLP.

Contact:

Firm Website:  Wolf Haldenstein Adler Freeman & Herz LLP

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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SOURCE Wolf Haldenstein Adler Freeman & Herz LLP