SAN FRANCISCO, CA – (March 4 2026) – National plaintiffs law firm Lieff Cabraser Heimann & Bernstein, LLP encourages investors in Kyndryl Holdings, Inc. (“Kyndryl” or the “Company”) (NYSE: KD) who purchased or otherwise acquired the publicly traded securities of Kyndryl between August 7, 2024 and February 9, 2026, inclusive (the “Class Period”) to contact us immediately regarding the pending securities class action against Kyndryl. The deadline to apply to be lead plaintiff is April 13, 2026.
Class Period: August 7, 2024 – February 9, 2026
Lead Plaintiff Motion Deadline: April 13, 2026
Case information: https://lieffcabraser.com/securities/kyndryl/
Contact us: Email or text investorinfo@lchb.com or call 1-800-541-7358
Kyndryl, headquartered in New York City, specializes in creating, manufacturing, overseeing, and developing large-scale information systems.
The action alleges that, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the financial statements Kyndryl issued during the Class Period were materially misstated; (2) Kyndryl lacked sufficient internal controls; (3) Kyndryl materially downplayed inadequacies in its internal controls; and (4) as a result of the foregoing, Kyndryl would not be able to timely file its quarterly report on Form 10-Q with the Securities and Exchange Commission for the third quarter of fiscal 2026.
On February 9, 2026, before the market opened, Kyndryl announced it would be unable to file its Form 10-Q for the third quarter of fiscal 2026 by the deadline that the Company had previously announced. Kyndryl explained that the delay was related to a pending SEC investigation into the Company’s financial reporting. Kyndryl also announced that its Chief Financial Officer David Wyshner and General Counsel Edward Sebol were departing from the Company, and Senior Vice President and Global Controller Vineet Khurana would be stepping down as well. On this news, the price of Kyndryl stock fell $12.90 per share, or 55%, from a closing price of $23.49 on February 6, 2026, to close at $10.59 on February 9, 2026, on extremely heavy trading volume.
About Lieff Cabraser
Lieff Cabraser Heimann & Bernstein, LLP, with over 125 attorneys in offices in San Francisco, New York, Nashville, and Munich, Germany, is an internationally-recognized law firm committed to advancing the rights of investors and promoting corporate responsibility. Repeatedly recognized as a “Plaintiffs’ Powerhouse” by Law360, Lieff Cabraser has litigated some of the most important civil cases in the United States, and has assisted clients in recovering over $133 billion in verdicts and settlements. For over 50 years, Lieff Cabraser has remained committed to ensuring access to justice for all.
Source/Contact
Sharon Lee
Lieff Cabraser Heimann & Bernstein, LLP
415 956-1000
slee @ lchb.com
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