Kyndryl Investors Urged to File Lead Plaintiff Claims by April 13 Deadline

ClaimsFiler Reminds Investors With Losses Over $100,000 in Class Action Lawsuit Against Kyndryl Holdings

Mar. 12, 2026 at 2:34am

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ClaimsFiler, a shareholder information service, is reminding investors that they have until April 13, 2026 to file lead plaintiff applications in a securities class action lawsuit against Kyndryl Holdings, Inc. (NYSE: KD). The lawsuit alleges that Kyndryl and certain executives failed to disclose material information during the Class Period from August 7, 2024 to February 9, 2026, violating federal securities laws.

Why it matters

The lawsuit was filed after Kyndryl disclosed on February 9, 2026 that it would be unable to timely file its Q3 2025 financial report and that it anticipated reporting material weaknesses in its internal controls, leading to a 55% drop in the company's stock price. This case highlights the importance of corporate transparency and accountability for public companies.

The details

The class action lawsuit, Brander v. Kyndryl Holdings, Inc., et al., No. 26-cv-00782, was filed in the United States District Court for the Eastern District of New York. Kyndryl investors who purchased or acquired the company's shares during the Class Period may be eligible to serve as lead plaintiffs in the case.

  • The Class Period runs from August 7, 2024 to February 9, 2026.
  • The deadline to file lead plaintiff applications is April 13, 2026.

The players

Kyndryl Holdings, Inc.

A publicly traded information technology services company that was spun off from IBM in 2021.

ClaimsFiler

A free shareholder information service that helps investors recover funds from securities class action settlements.

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What’s next

The judge will decide on the lead plaintiff by May 13, 2026, after which the case will proceed.

The takeaway

This case highlights the importance of corporate transparency and the need for investors to be vigilant in monitoring the companies they invest in. The April 13th deadline is a critical step for investors seeking to recover losses from Kyndryl's alleged misconduct.