NEW YORK, NY / ACCESS Newswire / April 1, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Kyndryl Holdings, Inc. ("Kyndryl Holdings") (NYSE:KD) concerning possible violations of federal securities laws.

On March 27, 2025, before the market opened, Gotham City Research LLC issued a short report on Kyndryl. The report accused the company of manipulating its adjusted financial metrics "to artificially give the appearance that it generates profits and cash flow." It further claimed that Kyndryl is underselling the increase in its cost of services to IBM and, in reality, such costs will pressure earnings well below consensus estimates.

Following this news, Kyndryl's stock price fell by $3.85 per share to open at $30.18 per share. To obtain additional information, go to:

https://zlk.com/pslra-1/kyndryl-holdings-lawsuit-submission-form?prid=140188&wire=1

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/

SOURCE: Levi & Korsinsky, LLP

View the original press release on ACCESS Newswire