Robbins LLP Urges KD Stockholders Who Lost Money Investing in Kyndryl Holdings, Inc. to Contact the Firm for Information About Leading the Class Action

Core Viewpoint - A class action has been filed against Kyndryl Holdings, Inc. for allegedly materially misstating its financial statements during the class period from August 7, 2024, to February 9, 2026 [1][2]. Group 1: Allegations and Financial Misstatements - The allegations include that Kyndryl's financial statements were materially misstated and that the company lacked adequate internal controls, which led to an understatement of issues with these controls [2]. - The company failed to disclose that it would be unable to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025 [2]. Group 2: Stock Price Impact - Following the announcement of a late filing on February 9, 2026, Kyndryl's stock price dropped by $12.90 per share, representing a 55% decline, closing at $10.59 [3]. Group 3: Shareholder Actions - Shareholders may participate in the class action and those wishing to serve as lead plaintiff must submit their papers by April 13, 2026 [4]. - Shareholders do not need to participate in the case to be eligible for recovery and can remain absent class members if they choose [4].