Kyndryl (US:KD) Prnewswire·2026-02-14 14:41Core Viewpoint - A lawsuit has been filed against Kyndryl Holdings, Inc. by investors who purchased shares between August 2025 and February 2026, alleging that the company made false and misleading statements regarding its financial statements and internal controls [1]. Group 1: Lawsuit Details - The lawsuit was initiated by an investor on February 11, 2026, claiming that Kyndryl's financial statements during the specified period were materially misstated [1]. - Allegations include that Kyndryl lacked adequate internal controls and materially understated issues related to these controls [1]. - The lawsuit also states that Kyndryl would be unable to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025, which contributed to the misleading nature of the company's statements about its business and operations [1]. Group 2: Investor Information - Investors who lost over $100,000 in Kyndryl shares during the specified period are encouraged to contact the Shareholders Foundation for options and deadlines, with a critical deadline set for April 13, 2026 [1]. - The Shareholders Foundation provides services related to shareholder issues, including information on securities class actions and legal news relevant to the financial market [1].