NEW YORK, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Kyndryl Holdings, Inc. (NYSE: KD) and certain of its officers. This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Kyndryl securities between August 7, 2024 and February 9, 2026, both dat ...

ATLANTA, Feb. 12, 2026 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Kyndryl Holdings, Inc. (“Kyndryl” or the “Company”) (NYSE: KD). The lawsuit alleges that Defendants issued false and misleading statements and/or failed to disclose material adverse facts regarding Kyndryl’s business, operations, and prospects, including allegations that: (1) Kyndryl’s financial statements issued during the Class Period were materially misstated; (2) Kyndryl lacked adequate internal controls ...

Did you buy KD securities between August 7, 2024, and February 9, 2026? Affected Kyndryl Holdings, Inc. Investor Summary Who: Kyndryl Holdings, Inc. (NYSE: KD)What: Securities fraud class action lawsuit filedClass Period: August 7, 2024, through February 9, 2026Deadline to Seek Lead Plaintiff Status: April 13, 2026Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s cash management practices and internal control over financial reporting.Investor Action: Contact Kessler T ...

Boston, Massachusetts--(Newsfile Corp. - February 12, 2026) - Block & Leviton announces that a securities fraud lawsuit has been filed against Kyndryl Holdings, Inc. (NYSE: KD) and certain of its executives. Investors who have lost money in their Kyndryl Holdings investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/kd.What is this all about?Shares of Kyndryl Holdings fell more than 50% in intraday trading on Febru ...

NEW YORK--(BUSINESS WIRE)---- $KD #Accounting--Kyndryl Holdings, Inc. has been Sued for Securities Fraud after Accounting Review and CFO Exit Lead to 55% Stock Drop – BFA Law. ...

Core Viewpoint - A securities class action lawsuit has been filed against Kyndryl Holdings, Inc. for allegedly misleading investors regarding its financial statements and internal controls during the class period from August 7, 2024, to February 9, 2026 [1][3]. Company Developments - Kyndryl shares experienced a significant decline of $12.90, or 55%, on February 9, 2026, following the announcement that the company would not file its quarterly report on time due to material internal control weaknesses and executive departures [2][7]. - The company disclosed that its Audit Committee is reviewing cash management practices and internal controls, which are expected to reveal material weaknesses for the fiscal year ending March 31, 2025, and the first two quarters of fiscal year 2026 [6]. Allegations and Legal Actions - The lawsuit claims that Kyndryl made false and misleading statements, particularly regarding the effectiveness of its internal controls and the accuracy of its financial reporting [5][8]. - The complaint highlights that Kyndryl's financial statements during the class period were materially misstated and that the company failed to adequately disclose issues with its internal controls [5]. Market Reaction - The market reacted severely to Kyndryl's disclosures, resulting in a loss of over $3 billion in market capitalization in a single day [7]. - The law firm Hagens Berman is investigating whether Kyndryl intentionally misled investors about its cash management practices, which are critical in an industry focused on free cash flow [8].

RADNOR, Pa.--(BUSINESS WIRE)---- $PINS #classaction--Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities fraud class action lawsuit has been filed against Kyndryl Holdings, Inc. (Kyndryl) (NYSE: KD) on behalf of those who purchased or acquired Kyndryl securities between August 7, 2024, and February 9, 2026, inclusive. The lawsuit is filed in the United States District Court for the Eastern District of New York and is captioned Brander v. Kyndryl Holdings, Inc., et al, Case ...

NEW YORK, Feb. 11, 2026 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors its investigation on behalf of Kyndryl Holdings, Inc. (“Kyndryl” or the “Company”) (NYSE:KD) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws or other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On February 9, 2026, Kyndryl announced the Company’s CFO and General Counsel had both departed “effectiv ...

Core Viewpoint - Kyndryl Holdings, Inc. is under investigation for its cash management procedures and disclosures following a shift from adjusted to reported free cash flow, raising concerns about the integrity of its financial reporting [1] Group 1: Financial Reporting Changes - Kyndryl's CFO announced a transition to highlighting free cash flow instead of adjusted free cash flow, suggesting improved financial maturity as the gap between GAAP and non-GAAP metrics had narrowed [1] - The February 9, 2026 disclosure indicated that Kyndryl is reviewing its cash management procedures, which may reveal "material weaknesses" in internal controls [1] Group 2: Implications of the Investigation - If the investigation finds that previously reported cash-flow figures were misstated, it could undermine the company's capital-allocation strategy, including a $400 million increase in the share-repurchase program [1] - The company's reported free cash flow of $22 million for Q2 FY2026 and a cash balance of $1.3 billion as of September 30 are now subject to scrutiny under the ongoing investigation [1]

Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. and certain senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][3]. Company Overview - Kyndryl is a provider of enterprise technology services, offering advisory, implementation, and managed service capabilities to customers in over 60 countries. It is recognized as the world's largest IT infrastructure services provider [4]. Allegations - The lawsuit alleges that Kyndryl misrepresented its cash management practices, including the drivers of its adjusted free cash flow metric and the effectiveness of its internal controls over financial reporting for FY2025 and the first three quarters of FY2026 [5]. Stock Performance - On February 9, 2026, Kyndryl announced a delay in releasing its fiscal Q3 2026 financial statement due to an accounting review of its cash management practices, which led to the immediate departures of its CFO and General Counsel. This announcement resulted in a stock price drop of $12.90 per share, or 55%, from a closing price of $23.49 on February 8, 2026, to $10.59 on February 9, 2026 [6][7]. Legal Proceedings - Investors have until April 13, 2026, to request to be appointed to lead the case, which is pending in the U.S. District Court for the Eastern District of New York under the caption Brander v. Kyndryl Holdings, Inc., et al., No. 1:26-cv-00782 [3].