Kyndryl Holdings, Inc. (KD) Securities Class Action Litigation

Introduction

Securities class action litigation has been filed on behalf of investors who purchased or otherwise acquired the publicly traded securities of Kyndryl Holdings, Inc. (“Kyndryl”) (NYSE: KD) between August 7, 2024 and February 9, 2026, inclusive (the “Class Period”).

If you purchased or acquired the publicly traded securities of Kyndryl during the Class Period, you may move the Court for appointment as lead plaintiff by no later than April 13, 2026. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the actions will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the action.

Kyndryl investors who wish to learn more about the litigation and how to seek appointment as lead plaintiff should complete the form below, text or email investorinfo@lchb.com, or call Sharon M. Lee of Lieff Cabraser at 1-800-541-7358.

Background on the Kyndryl Securities Class Litigation

Kyndryl, headquartered in New York City, specializes in creating, manufacturing, overseeing, and developing large-scale information systems.

The action alleges that, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the financial statements Kyndryl issued during the Class Period were materially misstated; (2) Kyndryl lacked sufficient internal controls; (3) Kyndryl materially downplayed inadequacies in its internal controls; and (4) as a result of the foregoing, Kyndryl would not be able to timely file its quarterly report on Form 10-Q with the Securities and Exchange Commission for the third quarter of fiscal 2026.

On February 9, 2026, before the market opened, Kyndryl announced it would be unable to file its Form 10-Q for the third quarter of fiscal 2026 by the deadline that the Company had previously announced. Kyndryl explained that the delay was related to a pending SEC investigation into the Company’s financial reporting. Kyndryl also announced that its Chief Financial Officer David Wyshner and General Counsel Edward Sebol were departing from the Company, and Senior Vice President and Global Controller Vineet Khurana would be stepping down as well. On this news, the price of Kyndryl stock fell $12.90 per share, or 55%, from a closing price of $23.49 on February 6, 2026, to close at $10.59 on February 9, 2026, on extremely heavy trading volume.