Philadelphia, Pennsylvania--(Newsfile Corp. - February 17, 2026) - 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 7, 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.

Based in New York City, Kyndryl is an IT infrastructure services company.

According to the Complaint, Kyndryl misled investors by issuing materially misstated financial statements and failing to maintain adequate internal controls. The suit alleges that the Company understated issues with its internal control environment and failed to disclose that these deficiencies would prevent it from timely filing its Form 10-Q for the quarter ended December 31, 2025.

The lawsuit claims that the true details concerning the Company's internal control and financial reporting issues were revealed on February 9, 2026. On that date, Kyndryl filed a Notice of Late Filing and revealed that the Audit Committee of the Board of Directors was reviewing the Company's cash management practices and disclosures, and that the Securities and Exchange Commission was likewise investigating those matters.

In reaction, shares fell 55%, or $12.90 per share to a closing price of $10.59 per share on February 9, 2026.

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:

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Source: Berger Montague