Core Viewpoint - Kyndryl Holdings, Inc. is under investigation for potential violations of U.S. federal securities laws, following a review of its cash management practices and internal controls, which has led to significant executive departures and a sharp decline in stock price [1]. Company Overview - Kyndryl is a provider of information technology infrastructure services [1]. Recent Developments - On February 9, 2026, Kyndryl announced that its Audit Committee is reviewing cash management practices and related disclosures, prompted by voluntary document requests from the SEC [1]. - The review has delayed the finalization of the Quarterly Report and the assessment of internal controls over financial reporting [1]. - Key executives, including the Chief Financial Officer David Wyshner and General Counsel Edward Sebold, have departed from the company, along with Senior Vice President and Global Controller Vineet Khurana, who has assumed a different role [1]. Market Reaction - Following the announcement of the investigation and executive changes, Kyndryl's stock price fell nearly 55% [1].

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]