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Kyndryl Stock Notice: Kyndryl Holdings, Inc. (NYSE:KD) Shares Sink 55% on Accounting Issues - Investors Notified to Contact BFA Law about Pending Securities Fraud Class Action
Globenewswire· 2026-02-21 11:47
Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. and certain senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][3]. Group 1: Company Overview - Kyndryl is a provider of enterprise technology services, offering advisory, implementation, and managed service capabilities to customers in over 60 countries, making it the world's largest IT infrastructure services provider [4]. Group 2: Allegations and Stock Impact - Kyndryl is accused of misrepresenting its cash management practices, including the drivers of its adjusted free cash flow metric and the effectiveness of its internal controls over financial reporting for FY2025 and the first three quarters of FY2026 [5]. - On February 9, 2026, Kyndryl announced a delay in releasing its fiscal Q3 2026 financial statement due to an accounting review of its cash management practices, leading to the immediate departures of its CFO and General Counsel [6]. - Following this announcement, Kyndryl's stock price dropped over 52% during trading on February 9, 2026 [7].
$KD Stock Loss: Kyndryl Holdings, Inc. Hit with Securities Fraud Class Action After 55% Stock Drop, Investors Have Until April 13 to Contact BFA Law to Seek Appointment
TMX Newsfile· 2026-02-20 11:17
New York, New York--(Newsfile Corp. - February 20, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Kyndryl Holdings, Inc. (NYSE: KD) and certain of the Company's senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws. If you invested in Kyndryl, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/kyndryl-ho ...
$KD Securities Fraud: Kyndryl Holdings, Inc. has been Sued after Accounting Issues Lead to 55% Stock Drop – Investors Notified to Contact BFA Law by April 13
Globenewswire· 2026-02-19 11:38
NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Kyndryl Holdings, Inc. (NYSE:KD) and certain of the Company’s senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws. If you invested in Kyndryl, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/kyndryl-holdings-class-acti ...
$KD Fraud Allegations: Kyndryl Holdings, Inc. 55% Stock Drop Triggers Securities Fraud Class Action, Investors Notified to Contact BFA Law by April 13 to Protect Your Rights
TMX Newsfile· 2026-02-18 11:46
New York, New York--(Newsfile Corp. - February 18, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Kyndryl Holdings, Inc. (NYSE: KD) and certain of the Company's senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws. If you invested in Kyndryl, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/kyndryl-ho ...
Kyndryl Lawsuit Reminder: Did Kyndryl Holdings, Inc. (NYSE:KD) Mislead Investors in Connection with the 53% Stock Drop? Contact BFA Law about the Class Action Lawsuit
Globenewswire· 2026-02-17 12:07
NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Kyndryl Holdings, Inc. (NYSE:KD) and certain of the Company’s senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws. If you invested in Kyndryl, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/kyndryl-holdings-class-acti ...
$KD Stock Announcement: Kyndryl Holdings, Inc. Investors May Have Been Affected by Fraud and Are Urged to Contact BFA Law Before April 13 Class Action Deadline
TMX Newsfile· 2026-02-16 11:36
Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. and certain senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - Kyndryl is a provider of enterprise technology services, offering advisory, implementation, and managed service capabilities to customers in over 60 countries. It is recognized as the world's largest IT infrastructure services provider [4]. Allegations and Financial Mismanagement - The lawsuit alleges that Kyndryl misrepresented its cash management practices, including the drivers of its adjusted free cash flow metric and the effectiveness of its internal controls over financial reporting for FY2025 and the first three quarters of FY2026 [5]. Stock Performance and Market Reaction - On February 9, 2026, Kyndryl announced a delay in releasing its fiscal Q3 2026 financial statement due to an accounting review of its cash management practices, which led to the immediate departures of its CFO and General Counsel. This announcement resulted in a stock price drop of $12.90 per share, or 55%, from $23.49 on February 8, 2026, to $10.59 on February 9, 2026 [6][7].
KD INQUIRY ALERT: Kyndryl Holdings, Inc. Faces Securities Fraud Allegations Over Accounting Issues – Contact BFA Law if You Lost Money
Globenewswire· 2026-02-15 11:18
Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. and certain senior executives for securities fraud following a significant drop in stock price due to alleged violations of federal securities laws [1][3]. Company Overview - Kyndryl is a provider of enterprise technology services, offering advisory, implementation, and managed service capabilities to customers in over 60 countries, making it the world's largest IT infrastructure services provider [4]. Allegations - The lawsuit claims that Kyndryl misrepresented its cash management practices, including the drivers of its adjusted free cash flow metric and the effectiveness of its internal controls over financial reporting for FY2025 and the first three quarters of FY2026 [5]. Stock Price Impact - On February 9, 2026, Kyndryl announced a delay in the release of its fiscal Q3 2026 financial statement due to an accounting review of its cash management practices, leading to the immediate departures of its CFO and General Counsel. Following this announcement, Kyndryl's stock price dropped over 52% during trading on the same day [6][7].
$KD Shareholder Reminder: BFA Law Notifies Kyndryl Holdings, Inc. Investors of the Pending Securities Fraud Class Action Lawsuit over Accounting Issues
TMX Newsfile· 2026-02-14 11:46
Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. and certain senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][3]. Company Overview - Kyndryl is a provider of enterprise technology services, offering advisory, implementation, and managed service capabilities to customers in over 60 countries. It is recognized as the world's largest IT infrastructure services provider [4]. Allegations and Financial Mismanagement - The lawsuit alleges that Kyndryl misrepresented its cash management practices, including the drivers of its adjusted free cash flow metric and the effectiveness of its internal controls over financial reporting for FY2025 and the first three quarters of FY2026 [5]. Stock Performance and Impact - On February 9, 2026, Kyndryl announced a delay in releasing its fiscal Q3 2026 financial statement due to an accounting review of its cash management practices, which led to the immediate departures of its CFO and General Counsel. This announcement resulted in a stock price drop of $12.90 per share, or 55%, from $23.49 on February 8, 2026, to $10.59 on February 9, 2026 [6][7].
Kyndryl Holdings, Inc. (NYSE: KD) Investigated for Misleading Investors by BFA Law – Contact the Firm if You Suffered Losses to Protect Your Rights
Globenewswire· 2026-02-13 12:07
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]. Company Overview - Kyndryl is a leading provider of enterprise technology services, offering advisory, implementation, and managed services in over 60 countries, making it the largest IT infrastructure services provider globally [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, as well as the effectiveness of its internal controls over financial reporting for FY2025 and the first three quarters of FY2026 [3]. Stock Performance - Kyndryl's stock experienced a significant decline of over 52% on February 9, 2026, following the announcement of a delay in the release of its fiscal Q3 2026 financial statement due to an accounting review related to its cash management practices and SEC document requests [4][5].
$KD BREAKING LEGAL NEWS: Kyndryl Holdings, Inc. Accounting Review and CFO Exit Trigger Securities Fraud Class Action After 55% Stock Drop, Contact BFA Law
TMX Newsfile· 2026-02-11 22:43
Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. and certain senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][3]. Company Overview - Kyndryl is a provider of enterprise technology services, offering advisory, implementation, and managed service capabilities to customers in over 60 countries. It is recognized as the world's largest IT infrastructure services provider [4]. Allegations - The lawsuit alleges that Kyndryl misrepresented its cash management practices, including the drivers of its adjusted free cash flow metric and the effectiveness of its internal controls over financial reporting for FY2025 and the first three quarters of FY2026 [5]. Stock Performance - On February 9, 2026, Kyndryl announced a delay in releasing its fiscal Q3 2026 financial statement due to an accounting review of its cash management practices, which led to the immediate departures of its CFO and General Counsel. This announcement resulted in a stock price drop of $12.90 per share, or 55%, from a closing price of $23.49 on February 8, 2026, to $10.59 on February 9, 2026 [6][7]. Legal Proceedings - Investors have until April 13, 2026, to request to be appointed to lead the case, which is pending in the U.S. District Court for the Eastern District of New York under the caption Brander v. Kyndryl Holdings, Inc., et al., No. 1:26-cv-00782 [3].