Investors in Kyndryl Holdings, Inc. (KD) Reminded of Securities Class Action by Kaplan Fox

Kaplan Fox & Kilsheimer LLP has notified investors of a class action lawsuit against Kyndryl Holdings, Inc. (“Kyndryl” or the “Company”) (NYSE: KD) during the period between August 7, 2024, and February 9, 2026. Investors who suffered losses during this period may contact Kaplan Fox for more information.

Kyndryl filed a Notification of Late Filing with the Securities and Exchange Commission on February 9, 2026, stating they would be unable to timely file their quarterly report for the period ending December 31, 2025. The Company disclosed that they expected to report material weaknesses in their internal control over financial reporting for various fiscal periods. Additionally, Kyndryl is reviewing its cash management practices and other relevant areas following voluntary document requests from the SEC.

Subsequent to these disclosures, Kyndryl announced significant leadership changes, including the immediate departures of the Chief Financial Officer, General Counsel, and Global Controller. This news impacted the stock price, leading to a 55% drop in share value on February 12, 2026.

The lawsuit alleges that throughout the Class Period, Kyndryl’s financial statements were misstated, and the Company lacked adequate internal controls. As a result, Kyndryl was unable to file its Quarterly Report on Form 10-Q for the period ended December 31, 2025. The complaint further claims that statements made by Kyndryl’s management about the Company’s business and prospects were false and misleading.

Kaplan Fox & Kilsheimer LLP is a prominent national law firm specializing in complex litigation, with extensive experience in securities litigation. With offices across the United States, Kaplan Fox offers clients professional expertise and a history of success in litigating cases at both federal and state levels.

Investors who have questions about the lawsuit or their rights can contact Kaplan Fox for more information. It is important to note that contacting or providing information to Kaplan Fox does not establish an attorney-client relationship or obligation for Kaplan Fox to retain the individual as a client.

In conclusion, Kaplan Fox & Kilsheimer LLP remains committed to representing the interests of investors impacted by the alleged securities violations by Kyndryl. Investors who have suffered losses during the Class Period are encouraged to reach out to Kaplan Fox for further guidance and information regarding the lead plaintiff process in the class action lawsuit against Kyndryl Holdings, Inc.