KD CLASS ACTION NOTICE: Berger Montague Encourages Kyndryl Holdings, Inc. (KD) Investors to Inquire About a Securities Fraud Class Action

Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. for allegedly misleading investors through materially misstated financial statements and inadequate internal controls during the Class Period from August 1, 2024, to February 9, 2026 [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Kyndryl failed to disclose significant deficiencies in its internal control environment, which led to the inability to timely file its Form 10-Q for the quarter ended December 31, 2025 [3][4]. - The true nature of Kyndryl's internal control and financial reporting issues was revealed on February 9, 2026, when the company filed a Notice of Late Filing and disclosed that its Audit Committee was reviewing cash management practices, with an ongoing investigation by the SEC [4]. Group 2: Market Reaction - Following the revelations on February 9, 2026, Kyndryl's shares plummeted by 55%, equating to a decrease of $12.90 per share, closing at $10.59 per share [5]. Group 3: Investor Information - Investors who purchased Kyndryl securities during the Class Period have until April 13, 2026, to seek appointment as lead plaintiff representatives [2].