Security Investigation
Globant S.A. (NYSE: GLOB)
55 Days left to seek lead plaintiff status.
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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until June 23, 2026 to file lead plaintiff applications in a securities class action lawsuit against Globant S.A. (“Globant” or the “Company”) (NYSE: GLOB).
Globant and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
The Complaint alleges that throughout the Class Period, Globant touted to investors the success of its Latin American pivot and the strength of its Latin American operations, as well as heralded itself as a market leader and employer of choice in the region. On August 14, 2025, the failure of the Company’s Latin American expansion was fully revealed when the Company reported mixed second quarter (“Q2”) 2025 results, disclosing that it had reduced its headcount by 2% in Q2, or about 1,000 employees, and taken a $47.6 million restructuring charge.
On this news, the price of Globant’s shares fell nearly 15%, or $11.66 per share, from a closing price of $78.12 per share on August 14, 2025, to a closing price of $66.46 per share on August 15, 2025.
If you purchased shares of Globant and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.
The case is Ohio Carpenters’ Pension Fund v. Globant S.A., Case No. 26-cv-3405.