PHILADELPHIA, April 7, 2026 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Kyndryl Holdings, Inc. (NYSE: KD) ("Kyndryl" or the "Company") on behalf of investors who purchased or otherwise acquired Kyndryl securities during the period from August 1, 2024 through February 9, 2026 (the "Class Period").
Investor Deadline: Investors who purchased Kyndryl securities during the Class Period may, no later than April 13, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.
Kyndryl, headquartered in New York, New York, is a provider of IT infrastructure services to enterprise customers worldwide.
The Complaint alleges that during the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Kyndryl's financial statements issued during the Class Period were materially misstated; (2) Kyndryl lacked adequate internal controls and at times materially understated issues with its internal controls; (3) as a result, Kyndryl would be unable to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025.
According to the suit, when the true details about the Company entered the market on February 9, 2026 – including the existence of material weaknesses in internal controls and an investigation by the Securities and Exchange Commission into Kyndryl's cash management practices and disclosures – shares fell 55% and investors suffered heavy losses.
If you are a Kyndryl investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at aabramowitz@bergermontague.com or (215) 875-3015, or Caitlin Adorni at cadorni@bergermontague.com or (267)764-4865.
About Berger Montague
Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
For more information or to discuss your rights, please contact:
Andrew Abramowitz
Berger Montague
(215) 875-3015
aabramowitz@bergermontague.com
Caitlin Adorni
Berger Montague
(267) 764-4865
cadorni@bergermontague.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/deadline-approaching-berger-montague-advises-kyndryl-holdings-inc-nyse-kd-investors-to-inquire-about-a-securities-fraud-class-action-by-april-13-2026-302735997.html
SOURCE Berger Montague
