Faruqi & Faruqi Reminds Globant Investors of Securities Class Action Deadline

Law firm Faruqi & Faruqi LLP is investigating potential claims against Globant S.A. (NYSE: GLOB) and reminds investors of the June 23, 2026 deadline to seek the role of lead plaintiff in a federal securities class action filed against the company.

The complaint alleges that Globant and its executives violated federal securities laws by making false and/or misleading statements concerning the company's operations in Latin America. The allegations claim the company concealed the true state of its Latin American business.

The situation surfaced on August 14, 2025, when Globant reported its second-quarter results. The company announced a 2% workforce reduction, impacting approximately 1,000 employees, and took a $47.6 million restructuring charge. Following this announcement, Globant's stock price dropped from a closing price of $78.12 per share on August 14, 2025, to $66.46 per share on August 15, 2025.

Faruqi & Faruqi LLP encourages investors who purchased or acquired Globant securities between February 15, 2024, and August 14, 2025, and suffered losses to contact the firm to discuss their legal rights. The law firm also invites anyone with information regarding Globant's conduct, including whistleblowers, former employees, and shareholders, to come forward.