Core Viewpoint - Grabar Law Office is investigating claims on behalf of shareholders of Kyndryl Holdings, Inc. regarding potential breaches of fiduciary duties by certain officers and directors [1]. Group 1: Investigation Details - The investigation is prompted by a federal securities fraud class action lawsuit filed after Kyndryl announced it could not timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025 [3]. - The Securities and Exchange Commission is investigating Kyndryl's cash management practices and disclosures, while the Audit Committee of the Board of Directors is conducting an internal review [3]. - Kyndryl anticipates reporting material weaknesses in internal controls related to information and communication, as well as issues regarding the tone at the top [3]. Group 2: Shareholder Actions - Shareholders who purchased Kyndryl shares prior to August 7, 2024, can seek corporate reforms, the return of funds to the company, and a court-approved incentive award at no cost [2][4]. - Interested shareholders are encouraged to visit the Grabar Law Office website or contact them directly for more information [2][4].
Grabar Law Office Investigates Claims on Behalf of Long-Term Shareholders of Kyndryl Holdings, Inc. (KD)