KD Stockholder Alert: Robbins LLP Reminds Investors of the Class Action Lawsuit Against Kyndryl Holdings, Inc.

Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. for allegedly materially misstating its financial statements and lacking adequate internal controls, leading to a significant drop in stock price [1] Group 1: Allegations - The lawsuit claims that Kyndryl's financial statements during the class period were materially misstated [1] - It is alleged that Kyndryl lacked adequate internal controls and materially understated issues related to these controls [1] - The company failed to file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025, in a timely manner [1] Group 2: Impact on Stock Price - Following the announcement of the late filing and the SEC investigation, Kyndryl's stock price fell by $12.90 per share, or 55%, closing at $10.59 on February 9, 2026 [1] Group 3: Legal Proceedings - Shareholders wishing to serve as lead plaintiffs must submit their papers to the court by April 13, 2026 [1] - Participation in the class action is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [1]