Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices by Kyndryl Holdings, Inc. following allegations from Gotham City regarding manipulated financial metrics [1][3]. Group 1: Investigation Details - Pomerantz LLP is representing investors of Kyndryl and is looking into whether the company and its officers engaged in securities fraud [1]. - The investigation was prompted by a report from Gotham City, a short-seller, which accused Kyndryl of manipulating its reported adjusted EBITDA and adjusted free cash flow [3]. Group 2: Market Reaction - Following the allegations, Kyndryl's stock price dropped by $1.74, or 5.11%, closing at $32.32 per share on March 27, 2025 [3]. Group 3: Firm Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering significant damages for victims of securities fraud [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Kyndryl Holdings, Inc. - KD