NEW YORK, NY / ACCESS Newswire / May 4, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Kyndryl Holdings, Inc. ("Kyndryl" or "the Company") (NYSE:KD). Investors who purchased Kyndryl securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/KD.
Investigation Details
On March 27, 2025, Kyndryl became the subject of a Reuters article 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." Following this news, Kyndryl stock dropped 5% on the same day.
What's Next?
If you are aware of any facts relating to this investigation or purchased Kyndryl securities, you can assist this investigation by visiting the firm's site: bgandg.com/KD. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
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