Core Viewpoint - An expanded securities class action has been filed against Kyndryl Holdings, Inc., alleging issues with the company's free cash flow reporting and financial health [1][4]. Group 1: Expanded Class Action Details - The new litigation seeks to represent all individuals and entities that purchased Kyndryl securities between August 1, 2024, and February 6, 2026, inclusive [3]. - The lead plaintiff deadline for this expanded class action is set for April 13, 2026 [5]. Group 2: Allegations Against Kyndryl - The litigation claims that Kyndryl's reported free cash flow was artificially inflated due to undisclosed and unsustainable cash management practices, rather than reflecting genuine operational strength [4][8]. - The complaint highlights that the truth about Kyndryl's financial condition began to emerge on August 4, 2025, when the company missed revenue and cash flow estimates, resulting in a 21% drop in stock price [8]. - Following the announcement of a voluntary SEC document request regarding cash management practices on February 9, 2026, Kyndryl's stock fell 55%, from $23.49 to $10.59 per share [8].