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Kyndryl Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Robbins Geller Rudman & Dowd LLP announces deadline for Kyndryl Holdings, Inc. investors to seek lead plaintiff role.
Published on Feb. 24, 2026
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Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Kyndryl Holdings, Inc. (NYSE: KD) publicly traded securities between August 7, 2024 and February 9, 2026 have until April 13, 2026 to seek appointment as lead plaintiff of the Kyndryl class action lawsuit. The lawsuit alleges that Kyndryl and certain of its top executives made false and/or misleading statements and failed to disclose material information about the company's financial statements, internal controls, and ability to timely file its quarterly report.
Why it matters
This class action lawsuit represents an opportunity for Kyndryl investors who suffered substantial losses to potentially recover damages and hold the company and its leadership accountable for alleged securities fraud and disclosure failures. The case highlights the importance of transparency and accurate financial reporting for publicly traded companies.
The details
The Kyndryl class action lawsuit, captioned Brander v. Kyndryl Holdings, Inc., No. 26-cv-00782 (E.D.N.Y.), alleges that Kyndryl and certain of its top current and former executives violated the Securities Exchange Act of 1934. Specifically, the lawsuit claims that the defendants made false and/or misleading statements and failed to disclose that Kyndryl's financial statements were materially misstated, the company lacked adequate internal controls, and it would be unable to timely file its Q3 2025 quarterly report.
- The Class Period is from August 7, 2024 to February 9, 2026, both dates inclusive.
- The deadline for investors to seek appointment as lead plaintiff is April 13, 2026.
The players
Kyndryl Holdings, Inc.
A technology services company and IT infrastructure services provider.
Robbins Geller Rudman & Dowd LLP
A leading law firm representing investors in securities fraud and shareholder rights litigation.
What they’re saying
“You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].”
— J.C. Sanchez, Attorney, Robbins Geller Rudman & Dowd LLP (prnewswire.com)
What’s next
The judge will decide on April 13, 2026 whether to allow investors to serve as the lead plaintiff in the Kyndryl class action lawsuit.
The takeaway
This case underscores the importance of financial transparency and accurate reporting for publicly traded companies. Kyndryl investors who suffered substantial losses have an opportunity to seek justice and potentially recover damages through this class action lawsuit.
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