Kahn Swick & Foti, LLC (“KSF”), along with firm partner and former Louisiana Attorney General Charles C. Foti, Jr., has informed investors in Kyndryl Holdings, Inc about a securities class action lawsuit filed on behalf of shareholders.
Class Definition
The lawsuit aims to recover financial losses for investors who purchased or otherwise acquired Kyndryl securities and were allegedly harmed by suspected securities fraud between August 7, 2024, and February 9, 2026. Additional information about the case is available at: https://www.ksfcounsel.com/cases/nyse-kd/
Investors seeking further details can contact KSF Managing Partner Lewis Kahn at 1-877-515-1850, send an email to lewis.kahn@ksfcounsel.com .
Case Background
On February 9, 2026, Kyndryl revealed that it would not be able to submit its Form 10-Q for the quarter ending December 31, 2025 on time. The company also indicated that it expects to report significant weaknesses in its internal financial reporting controls. These issues are anticipated to affect the period covered by the upcoming quarterly report, the full fiscal year ending March 31, 2025, and the first two quarters of fiscal year 2026. The concerns may involve deficiencies in certain corporate functions, including information and communication controls and leadership oversight (“tone at the top”). The announcement also included news of the departures of the company’s Chief Financial Officer and General Counsel.
Following this disclosure, Kyndryl’s stock price dropped sharply, falling $12.90 per share—about 55%—to close at $10.59 on February 9, 2026.
The case is titled Brander v. Kyndryl Holdings, Inc., et al., No. 26-cv-00782.
Next Steps for Investors
Individuals who invested in Kyndryl during the specified period and experienced financial losses may apply to the court to serve as lead plaintiff by April 13, 2026. However, participation in any potential recovery does not require serving in that role.
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