Lawsuit filed for Investors who lost money with shares of Globant S.A. (NYSE: GLOB)

An investor, who purchased shares of Globant S.A. (NYSE: GLOB), filed a lawsuit in the U.S. over alleged violations of Federal Securities Laws by Globant S.A. in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Globant S.A. (NYSE: GLOB) have certain options and for certain investors are short and strict deadlines running. Deadline: June 23, 2026. Globant S.A. (NYSE: GLOB investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Luxembourg based Globant S.A., together with its subsidiaries, provides technology services in the United States, rest of North America, Latin America, Europe, and internationally. Globant S.A. (NYSE: GLOB) reported that its annual Total Revenue rose from over $2.41 billion in 2024 to over $2.45 billion in 2025, and that its Net Income declined from $165.73 million in 2024 to $102.91 million in 2025.

On August 14, 2025, Globant fully disclosed the true extent of its failures in Latin America. Reporting mixed Q2 2025 results, Globant announced that it had reduced its headcount by 2% in Q2, or about 1,000 employees, and taken a $47.6 million restructuring charge.

Shares of Globant S.A. (NYSE: GLOB) declined from $240.01 per share on February 15, 2024, to as low as $64.51 per share on August 15, 2025.

According to the complaint the plaintiff alleges on behalf of purchasers of Globant S.A. (NYSE: GLOB) common shares between February 15, 2024 and August 14, 2025, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 15, 2024 and August 14, 2025, the defendants made materially false and misleading statements about Globant's Latin American operations, including concealing the true state of the Company's Latin American business.

Those who purchased shares of Globant S.A. (NYSE: GLOB) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.