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KYNDRYL HOLDINGS, INC. INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
Businesswire· 2026-02-09 23:00
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Kyndryl Holdings, Inc. ("Kyndryl†or the "Company†) (NYSE:KD). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal ...
BRBR INVESTOR NOTICE: Hagens Berman Scrutinizing BellRing Brands (BRBR) Over Alleged Artificial Growth and $2.9 Billion Value Wipeout
Globenewswire· 2026-02-09 21:47
Core Viewpoint - The lawsuit against BellRing Brands, Inc. alleges that the company and its executives misled investors regarding the true drivers of its sales growth, which was primarily due to retailers hoarding inventory rather than genuine consumer demand [3][5]. Group 1: Allegations and Misleading Statements - The lawsuit claims that BellRing's reported sales growth in 2025 was not reflective of actual consumer demand but was instead driven by retailers stockpiling inventory to avoid previous supply chain shortages [3][7]. - It is alleged that once retailers felt secure about product availability, they began to destock their excess inventory, leading to a significant drop in BellRing's share price [3][7]. - The CFO of BellRing admitted that some retailers were hoarding inventory during a conference call, which contradicted earlier assurances about strong consumer demand [7]. Group 2: Financial Impact and Market Reaction - Following the revelation of disappointing Q2 2025 results, BellRing's share price fell by $14.88, representing a 19% decline [7]. - On August 4, 2025, after reporting a narrowed sales outlook, BellRing's share price dropped by $17.46, a 33% decrease, as analysts expressed skepticism about the company's claims regarding competition and consumption [7]. Group 3: Legal Proceedings and Next Steps - The lead plaintiff deadline for the lawsuit is set for March 23, 2026, and investors who suffered losses during the specified period are encouraged to participate [1][6]. - Hagens Berman, the law firm handling the case, is actively seeking information from whistleblowers who may have non-public information regarding BellRing [8].
KD ALERT: Investigation Launched into Kyndryl Holdings, Inc., RGRD Law Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm
Globenewswire· 2026-02-09 21:46
Company Overview - Kyndryl is a provider of information technology infrastructure services [2] Recent Developments - On February 9, 2026, Kyndryl announced that its Audit Committee is reviewing cash management practices and related disclosures, including the drivers of the Company's adjusted free cash flow metric, following requests from the SEC [3] - The review has delayed the finalization of the Quarterly Report and the assessment of internal control over financial reporting [3] - Key executive departures were reported, including David Wyshner as Chief Financial Officer and Edward Sebold as General Counsel, effective immediately [3] - Vineet Khurana also stepped down from his position as Senior Vice President and Global Controller, taking on a different role within the Company [3] - Following these announcements, Kyndryl's stock price fell nearly 55% [3]
Ademi LLP Investigates Claims of Securities Fraud against Kyndryl Holdings, Inc.
Prnewswire· 2026-02-09 21:12
MILWAUKEE, Feb. 9, 2026 /PRNewswire/ -- Ademi LLP is investigating possible securities fraud claims against Kyndryl (NYSE: KD). The investigation results from inaccurate statements Kyndryl may have made regarding its financial statements, business operations and prospects. Click here to join our investigation or to obtain additional information, or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. The investigation focuses on whether Kyndryl's cash-managemen ...
KD FRAUD ALERT: Kyndryl Holdings, Inc. 53% Stock Drop after Accounting Review and CFO Exit Trigger Securities Fraud Investigation by BFA Law
Globenewswire· 2026-02-09 20:08
Core Viewpoint - Kyndryl Holdings, Inc. is under investigation for potential violations of federal securities laws, particularly concerning its cash management practices and financial reporting controls [1][3]. Group 1: Company Overview - Kyndryl is a leading provider of enterprise technology services, offering advisory, implementation, and managed services in over 60 countries, making it the world's largest IT infrastructure services provider [2]. Group 2: Investigation Details - The investigation by Bleichmar Fonti & Auld LLP focuses on whether Kyndryl misrepresented its cash management practices and the drivers of its adjusted free cash flow metric for FY2025 and the first three quarters of FY2026 [3]. - The investigation was prompted by Kyndryl's announcement of a delay in releasing its fiscal Q3 2026 financial statement due to an accounting review related to its cash management practices, following document requests from the SEC [4]. Group 3: Stock Market Reaction - Following the announcement of the investigation and the delay in financial reporting, Kyndryl's stock price dropped over 52% during trading on February 9, 2026 [5].
INVESTOR NOTICE: Varonis Systems, Inc. (VRNS) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces
Globenewswire· 2026-02-09 18:10
Core Viewpoint - The Varonis Systems, Inc. is facing a class action lawsuit due to allegations of misleading investors regarding its revenue outlook and growth potential, leading to significant stock price declines following disappointing financial results [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Molchanov v. Varonis Systems, Inc. and involves purchasers of Varonis common stock between February 4, 2025, and October 28, 2025 [1]. - The lawsuit alleges that Varonis and its executives violated the Securities Exchange Act of 1934 by creating a false impression of the company's financial health and growth prospects [3]. - On October 28, 2025, Varonis reported third-quarter results that were significantly below expectations, leading to a nearly 49% drop in stock price [4]. Group 2: Financial Implications - The lawsuit claims that Varonis' optimistic reports on growth and cost-cutting measures did not reflect the reality of its financial situation, particularly in maintaining annual recurring revenue growth [3]. - The CEO attributed the shortfall in revenue to lower renewals in both Federal and non-Federal subscription businesses during the final weeks of the quarter [4]. Group 3: Legal Process - Investors who purchased Varonis stock during the class period can seek appointment as lead plaintiff, representing the interests of all class members [5]. - The lead plaintiff has the authority to select a law firm for the lawsuit and does not need to be the lead plaintiff to share in any potential recovery [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading firm in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [6]. - The firm has a strong track record, recovering $8.4 billion for investors over the past five years, making it one of the largest plaintiffs' firms globally [6].
Securities Fraud Investigation Into Kyndryl Holdings, Inc. (KD) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2026-02-09 17:42
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Kyndryl Holdings, Inc. ("Kyndryl†or the "Company†) (NYSE: KD) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON KYNDRYL HOLDINGS, INC. (KD), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On February 9, 2026, Kyndryl announced the Company's CFO and Gene. ...
FRMI DEADLINE: Investigation Launched into Fermi Inc., Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm
TMX Newsfile· 2026-02-09 17:20
Core Viewpoint - The Fermi Inc. class action lawsuit alleges that the company and its executives made misleading statements regarding its Project Matador, leading to significant financial losses for investors following the termination of a key funding agreement [3][4]. Group 1: Class Action Lawsuit Details - The lawsuit is titled Lupia v. Fermi Inc., No. 26-cv-00050 (S.D.N.Y.), and it allows investors who purchased Fermi common stock during the IPO or the specified class period to seek appointment as lead plaintiff [1][6]. - The class period is defined as from October 1, 2025, to December 11, 2025, and investors have until March 6, 2026, to apply [1]. Group 2: Allegations Against Fermi - The lawsuit claims that Fermi overstated tenant demand for its Project Matador campus and failed to disclose reliance on a single tenant's funding commitment [3]. - It is alleged that there was a significant risk of the tenant terminating its funding commitment, which was not disclosed to investors [3]. Group 3: Financial Impact - Following the announcement that the first tenant for Project Matador terminated a $150 million funding agreement, Fermi's stock price fell nearly 34% [4]. - The stock price has reportedly traded as low as $8.59 per share, representing a 59% decline from the IPO price of $21.00 per share [5]. Group 4: Company Background - Fermi Inc. is described as an energy and AI infrastructure company that conducted its IPO in October 2025, selling 37,375,000 shares at $21.00 each [2].
Law Offices of Frank R. Cruz Encourages China Liberal Education Holdings Limited (CLEUF) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-02-09 17:08
Core Viewpoint - A class action lawsuit has been filed against China Liberal Education Holdings Limited (CLEU) due to allegations of securities fraud during a specific class period, with significant financial losses reported by investors [1][5]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of shareholders who acquired CLEU securities between January 22, 2025, and January 30, 2025, with a deadline for filing a lead plaintiff motion set for March 31, 2026 [1]. - The lawsuit alleges that CLEU made materially false and misleading statements and failed to disclose adverse facts about its business and operations, including involvement in a pump-and-dump scam [5]. Group 2: Financial Impact - On January 29, 2025, CLEU reported 240,000,000 previously undisclosed exchanged shares, leading to a drastic stock price drop from $7.75 to $0.148 per share, representing a 98.1% loss [3]. - Following these events, CLEU was delisted by NASDAQ in June 2025 [4].
Law Offices of Frank R. Cruz Encourages Picard Medical, Inc. (PMI) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-02-09 17:06
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired Picard Medical, Inc. ("Picard†or the "Company†) (NYSE: PMI) securities between September 2, 2025 and October 31, 2025, inclusive (the "Class Period†). Picard investors have until April 3, 2026 to file a lead plaintiff motion. On October 23, 2025, during aftermarket trading hours, Picard's stock crashed abruptly, plunging approxi ...