#United States #New York #Securities Class Action #Faruqi & Faruqi #Kyndryl Holdings

Kyndryl Investors: Reminder of Upcoming Class Action Deadline

Faruqi & Faruqi, LLP, a prominent national securities law firm, is alerting investors who have faced losses with Kyndryl Holdings, Inc. of a significant deadline approaching for a federal securities class action. Those who purchased or acquired securities of Kyndryl (NYSE: KD) between August 7, 2024, and February 9, 2026, are encouraged to explore their legal rights as the deadline to seek the role of lead plaintiff is set for April 13, 2026.

On February 9, 2026, Kyndryl disclosed troubling findings, reporting that its Audit Committee was reviewing the Company’s cash management practices and related disclosures after receiving voluntary document requests from the SEC's Division of Enforcement. Furthermore, Kyndryl indicated that it expected to report material weaknesses in internal control over financial reporting for multiple reporting periods. In light of these disclosures, Kyndryl announced that the previous assessments related to its internal controls and its independent auditor's opinions in their Annual Reports should no longer be relied upon.

These issues led to a staggering 50% drop in Kyndryl's stock price on the day of the announcement. Investors are urged to act promptly to safeguard their interests. Faruqi & Faruqi provides assistance to those who may wish to file a claim; potential claimants can reach out for more details regarding their legal options.

What You Need To Know

• - Who should act? Investors who bought Kyndryl's securities during the specified period.
• - Why take action? To potentially recover losses stemming from misleading statements and undisclosed internal control deficiencies.
• - How to participate? Interested parties can call Josh Wilson, a senior partner at Faruqi & Faruqi, at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their situation.

The firm has a robust history of assisting investors and has recovered hundreds of millions of dollars since its establishment in 1995. As a lead plaintiff, an investor would help lead the litigation efforts on behalf of all shareholders. However, even if you choose not to lead, you can still share in any recovery from the lawsuit.

Investors are also reminded that they do not need to directly serve as lead plaintiff to regain their losses. The law allows any class member to take action, and those who wish to explore this path are encouraged to consult the firm’s resources for guidance.

Contact Information

To learn more about this class action involving Kyndryl Holdings, you may visit Faruqi & Faruqi's website or directly reach out to Josh Wilson. Sharing insights or experiences related to Kyndryl's operational practices, especially from whistleblowers and former employees, can also provide critical information as the case moves forward.

This advisory serves to ensure that Kyndryl shareholders are aware of the implications of these recent disclosures and can make informed decisions regarding participation in potential legal proceedings. Keeping abreast of developments from legal representatives like Faruqi & Faruqi is pivotal to achieving potential recovery of losses sustained during the investment period.