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Kyndryl
ISIN: US50155Q1004
WKN: A3C5GK
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Kyndryl · ISIN: US50155Q1004 · Business Wire (ID: 20250421983769)
22 April 2025 12:16AM

KD Investors Have Opportunity to Join Kyndryl Holdings, Inc. Fraud Investigation with the Schall Law Firm


KD Investors Have Opportunity to Join Kyndryl Holdings, Inc. Fraud Investigation with the Schall Law Firm

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Kyndryl Holdings, Inc. (“Kyndryl” or “the Company”) (NYSE: KD) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Kyndryl is the subject of a Reuters article published on March 27, 2025, titled: “Kyndryl shares slump after Gotham City alleges it manipulated metrics.” According to the article, Kyndryl suffered a drop in share price after “a research report from short-seller Gotham City alleged the IT services provider has manipulated certain financial metrics. Gotham City said Kyndryl manipulated its reported adjusted EBITDA and adjusted free cash flow to give the appearance of profits and cash flow while in reality it generated losses and burned cash.” Based on this news, shares of Kyndryl fell by 5% on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Contact

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com

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