MarketPulse

internal control weaknesses

10 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Saxena White P.A.

Saxena White Files Expanded Securities Lawsuit Against Kyndryl Over Cash Flow Misstatements

Saxena White filed expanded securities class action against Kyndryl for allegedly misleading investors on free cash flow metrics across an 18-month period amid governance failures.
KDIBMsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Levi & Korsinsky, Llp

DRVN Plummets 40% on Financial Restatement; Securities Fraud Lawsuit Unfolds

Driven Brands faces securities fraud lawsuit after revealing three years of financial reporting errors, causing 40% stock collapse on February 25, 2026.
DRVNsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Kyndryl Stock Crashes 55% on Control Failures, Exec Departures, SEC Probe

Kyndryl Holdings ($KD) plummeted 55% after disclosing ineffective controls, SEC scrutiny, and executive departures. Securities lawsuit filed; $2.4B in market value erased.
KDinvestor lossessecurities class action
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Kyndryl Restates Financials as Control Deficiencies Emerge, Triggering Executive Departures

Kyndryl restated financials citing internal control weaknesses, triggering 55% stock decline and departures of CFO, General Counsel, and Comptroller. SEC investigating disclosure gaps.
KDsecurities class actioninternal control weaknesses
GlobeNewswire Inc.GlobeNewswire Inc.··Faruqi & Faruqi, Llp

Driven Brands Faces Investor Investigation After Restatement of Financial Statements

Driven Brands faces investor investigation after restating financial statements due to material accounting errors in lease accounting, cash irregularities, and overstated expenses. Stock fell 30%.
DRVNstock declineinternal control weaknesses
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Kyndryl Targeted in Securities Suit Following 55% Stock Decline and Control Deficiencies

Kyndryl faces securities lawsuit after 55% stock plunge following disclosure of internal control weaknesses, delayed filings, executive departures, and SEC inquiry.
KDsecurities class actioninternal control weaknesses
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Kyndryl Stock Crashes 55% as Disclosure Cascade Triggers Securities Lawsuit

Kyndryl stock plummets 55% after disclosing internal control weaknesses, executive departures, and SEC investigation, triggering securities lawsuit for alleged material misrepresentations.
KDsecurities class actioninternal control weaknesses
GlobeNewswire Inc.GlobeNewswire Inc.··Kahn Swick & Foti, Llc

Kyndryl Investors Face April Deadline in Securities Fraud Class Action

Kyndryl faces securities fraud lawsuit over alleged misrepresentations. Stock plunged 55% after February disclosure of internal control weaknesses. Investors have until April 13 to join class action.
KDsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Kyndryl Stock Plummets 55% Following Control Weaknesses and Executive Departures

Kyndryl stock crashed 55% after revealing internal control weaknesses, executive departures, and SEC enforcement inquiries. Securities lawsuit filed alleging investor misrepresentation.
KDsecurities class actioninternal control weaknesses
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Kyndryl Stock Plummets 55% on Control Weaknesses, Executive Departures

Kyndryl stock plunges 55% after disclosing internal control weaknesses, management departures, and SEC inquiry, triggering securities lawsuit over prior misrepresentations.
KDsecurities class actioninternal control weaknesses