ATTENTION KD INVESTORS: Contact Berger Montague About a Kyndryl Holdings, Inc. Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. for allegedly misleading investors regarding its financial statements and internal controls during the specified Class Period from August 7, 2024, to February 9, 2026 [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit claims that Kyndryl issued materially misstated financial statements and did not maintain adequate internal controls, which led to an understatement of issues within its internal control environment [3]. - It is alleged that Kyndryl failed to disclose deficiencies that would prevent timely filing of its Form 10-Q for the quarter ending December 31, 2025 [3]. Revelation of Issues - The true details regarding Kyndryl's internal control and financial reporting issues were disclosed on February 9, 2026, when the company filed a Notice of Late Filing [4]. - On the same date, it was revealed that the Audit Committee was reviewing the company's cash management practices and that the SEC was investigating these matters [4]. Market Reaction - Following the revelation of these issues, Kyndryl's shares experienced a significant decline of 55%, dropping by $12.90 to a closing price of $10.59 per share on February 9, 2026 [5].