A Deadline is coming up on April 13, 2026 in the lawsuit for certain investors in Kyndryl Holdings, Inc. (NYSE: KD).
A deadline is coming up on April 13, 2026 in the lawsuit filed for certain investors of Kyndryl Holdings, Inc. (NYSE: KD) over alleged securities laws violations by Kyndryl Holdings, Inc.
Investors who purchased shares of Kyndryl Holdings, Inc. (NYSE: KD) have certain options and there are strict and short deadlines running. Deadline: April 13, 2026. Kyndryl Holdings, Inc. (NYSE: KD) stockholders should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
New York, NY based Kyndryl Holdings, Inc. operates as a technology services company and IT infrastructure services provider in the United States, Japan, and internationally.
Kyndryl Holdings, Inc. (NYSE: KD) reported that its Total Revenue declined from over $16.05 billion for the 12 months period that ended on March 31, 2024, to over $15.05 billion for the 12 months period that ended on March 31, 2025.
On February 9, 2026, Kyndryl Holdings, Inc. announced that it would not timely file its quarterly report for the quarter ended December 31, 2025.
Kyndryl Holdings, Inc disclosed that: “The Company, through the Audit Committee of its Board of Directors, is reviewing its cash management practices, related disclosures (including regarding the drivers of the Company’s adjusted free cash flow metric), the efficacy of the Company’s internal control over financial reporting, and certain other matters following the Company’s receipt of voluntary document requests from the Division of Enforcement of the Securities and Exchange Commission (“SEC”) relating to such matters,” 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.” Kyndryl Holdings, Inc further revealed that “David Wyshner departed from his position as Chief Financial Officer of the Company, and Edward Sebold departed from his position as General Counsel of the Company, effective immediately. In addition, on the same date, Vineet Khurana stepped down from his position as Senior Vice President and Global Controller of the Company and assumed a different role at the Company,” the complaint alleges.
Shares of Kyndryl Holdings, Inc. (NYSE: KD) declined from $44.20 per share on July 08. 2025, to as low as $10.10 per share on February 09,2026.
According to the complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges on behalf of purchasers of Kyndryl Holdings, Inc. (NYSE: KD) common shares between August 7, 2024 and February 9, 2026, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 7, 2024 and February 9, 2026, that the defendants made false and/or misleading statements and/or failed to disclose that Kyndryl’s financial statements issued during the Class Period were materially misstated, that Kyndryl lacked adequate internal controls and at times materially understated issues with its internal controls, that as a result, Kyndryl would be unable to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025, and that as a result, defendants’ statements about Kyndryl’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.
Those who purchased shares of Kyndryl Holdings, Inc. (NYSE: KD) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: [email protected]
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
