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ClaimsFiler Reminds Kyndryl Investors of Lead Plaintiff Deadline
Lawsuits allege Kyndryl failed to disclose material information, violating securities laws
Mar. 19, 2026 at 3:19am
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ClaimsFiler, a shareholder information service, is reminding investors who purchased Kyndryl Holdings, Inc. (NYSE: KD) shares between August 1, 2024 and February 9, 2026 that they have until April 13, 2026 to file lead plaintiff applications in securities class action lawsuits against the company. The lawsuits allege Kyndryl and certain executives failed to disclose material information during this period, violating federal securities laws.
Why it matters
The lawsuits stem from Kyndryl's disclosure 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, as well as the departures of its CFO and General Counsel. This news caused Kyndryl's stock price to plummet 55% in a single day, impacting investors who had purchased shares during the class period.
The details
The first-filed case is Brander v. Kyndryl Holdings, Inc., et al., No. 26-cv-00782. A subsequently filed case, Westchester Putnam Counties Heavy & Highway Laborers Local 60 Benefit Funds v. Kyndryl Holdings, Inc. et al., No. 26-cv-02211, expanded the class period. ClaimsFiler is a free shareholder information service that can help investors recover losses from securities class action settlements.
- The class period is from August 1, 2024 to February 9, 2026.
- The lead plaintiff application deadline is April 13, 2026.
The players
Kyndryl Holdings, Inc.
A publicly traded information technology services company.
ClaimsFiler
A free shareholder information service that helps investors recover losses from securities class action settlements.
What’s next
The judge will decide on April 13, 2026 whether to allow the lead plaintiff applications in the class action lawsuits against Kyndryl.
The takeaway
This case highlights the importance for investors to be aware of potential securities law violations by public companies and the options available to recover losses through class action lawsuits, with the assistance of services like ClaimsFiler.
