Kyndryl Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuit Against Kyndryl Holdings, Inc. - KD

Core Viewpoint - Kyndryl Holdings, Inc. is facing a securities class action lawsuit due to alleged failures in disclosing material information, which has led to a significant drop in its stock price [3][4]. Group 1: Lawsuit Details - Investors have until April 13, 2026, to file lead plaintiff applications in the class action lawsuit against Kyndryl, covering shares purchased between August 7, 2024, and February 9, 2026 [1]. - The lawsuit is filed in the United States District Court for the Eastern District of New York, under the case name Brander v. Kyndryl Holdings, Inc., et al., No. 26-cv-00782 [5]. - The lawsuit alleges that Kyndryl and certain executives failed to disclose material information during the class period, violating federal securities laws [3]. Group 2: Company Financial Reporting Issues - On February 9, 2026, Kyndryl announced it would not be able to timely file its Form 10-Q Report for the quarter ended December 31, 2025, citing anticipated material weaknesses in internal controls over financial reporting [4]. - The company indicated that these weaknesses would affect the effectiveness of certain functions, including controls related to information and communication [4]. - Following this announcement, Kyndryl's stock price fell by $12.90, or 55%, closing at $10.59 on February 9, 2026 [4]. Group 3: Investor Support - ClaimsFiler provides a free service for shareholders to recover funds from securities class action settlements, offering resources for investors to register and submit claims [6]. - Investors can access information about various securities class action cases and receive notifications regarding relevant cases in which they may have a financial interest [6].