Due to the way complex securities litigation works, the firm representing the largest group of investors – Ironworkers Local 580 Joint Fund – took over the handling of the case, then in September, 2022, moved to have the case voluntarily dismissed without prejudice [PDF], meaning the charges could be refiled.It names as defendants four previously accused corporate leaders – former CEO Ginni Rometty, former CFO Martin J Schroeter (now CEO of IBM spin-off Kyndryl), current IBM CFO James J Kavanaugh, and current CEO Arvind Krishna – as well as nine additional current and past executives.These include: Bridgette Van Kralingen (former SVP of IBM global markets; Shanker Ramamurthy (current IBM global managing partner banking); Pablo Suarez (VP & global leader, financial services sector centers of competence and digital banking at IBM); Sarah Diamond (former IBM global managing director, financial services sector), Alistair Rennie (former IBM general manager, blockchain); Mark Andrews (former VP of IBM Watson financial services solutions); Don India (former VP of IBM Watson financial services solutions); Chris Johnston (former North American business unit executive for Watson financial services); and Mark Foster (current global chairman IBM consulting).Mizuho's Request for Proposal (RFP) detailed the bank's need for KYC (Know Your Customer) solutions – because banks are obligated to identify and verify their clients to mitigate fraud – and an interest in the provider's platform strategy.When it came time for IBM to present the financial solution to Mizuho, company executives cut AMLP out of the deal by claiming AMLP's technology as their own, according to Frank Cummings, CEO of AMLP, and former IBM employees who worked on the RFP."