Globenewswire·2026-02-11 23:00Core Viewpoint - Kyndryl Holdings, Inc. is under investigation for potential violations of federal securities laws following the abrupt departure of its CFO and General Counsel, leading to a significant drop in share price [3]. Group 1: Company Developments - On February 9, 2026, Kyndryl announced the immediate departure of its CFO and General Counsel [3]. - The company is reviewing its cash management practices and internal controls over financial reporting after receiving document requests from the SEC [3]. - Following this announcement, Kyndryl's share price fell by $12.90, approximately 55%, from $23.49 on February 6, 2026, to $10.59 on February 9, 2026 [3]. Group 2: Legal Investigation - Kirby McInerney LLP is conducting an investigation on behalf of Kyndryl investors regarding possible unlawful business practices [1]. - No lawsuit has been filed yet, and the investigation aims to determine if claims can be made under federal securities laws [4].