Kyndryl Faces Securities Fraud Class Action Lawsuit

Edgen Stock

·Feb 20 2026, 14:57

Share to

Share to

Copy link

Key Takeaways

National law firm Berger Montague PC has filed a class-action lawsuit against IT infrastructure services provider Kyndryl Holdings, Inc. The suit alleges securities fraud and invites investors who purchased shares during a specific 18-month period to join the action.

Lawsuit Filed: Berger Montague PC initiated a class-action suit against Kyndryl Holdings (KD), accusing the company of securities fraud.
Class Period Defined: The action covers investors who acquired Kyndryl securities between August 7, 2024, and February 9, 2026.
Investor Deadline: Affected investors have until April 13, 2026, to file a motion to be appointed as a lead plaintiff in the case.

Kyndryl Sued Over Alleged 18-Month Securities Fraud

Kyndryl Holdings, Inc. (NYSE: KD) is the target of a securities fraud class-action lawsuit filed by the national law firm Berger Montague PC. The legal action was brought on behalf of investors who purchased or acquired the company's securities between August 7, 2024, and February 9, 2026. The lawsuit exposes Kyndryl to significant legal and financial risk, stemming from allegations of misconduct over this 18-month period.

Investors Face April 13 Deadline for Lead Plaintiff Role

The lawsuit establishes a critical deadline for affected shareholders. Investors who purchased Kyndryl securities during the class period have until April 13, 2026, to seek appointment as a lead plaintiff representative for the class. The filing introduces considerable uncertainty for the company, which could face heightened stock volatility, reputational damage, and potential financial penalties as the litigation proceeds. This legal challenge will likely increase scrutiny of the company's financial reporting and management conduct.