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Home Press Releases Press Releases - Lifestyle

GLOB Investors Have Opportunity to Lead Globant S.A. Securities Fraud Lawsuit

Cision PR Newswire by Cision PR Newswire
May 6, 2026
in Press Releases - Lifestyle
Reading Time: 4 mins read
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NEW YORK, May 5, 2026 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Globant S.A. (NYSE: GLOB) between February 15, 2024 and August 14, 2025, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 23, 2026.


Rosen Law Firm Logo (PRNewsfoto/THE ROSEN LAW FIRM, P. A.)

So What: If you purchased Globant common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Globant class action, go to https://rosenlegal.com/submit-form/?case_id=62595 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 23, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: In mid-2023, Globant announced a $1 billion strategic pivot to increase its Latin American business. According to the lawsuit, 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. Unbeknownst to investors, Globant’s Latin American strategy was not successful. In reality, Globant was facing pervasive problems with its Latin American operations, including declining demand for its services, client defections, and project cancellations. Globant also froze wages for its employees in Mexico and Argentina, further harming its Latin American operations and leading to widespread employee turmoil and degraded client services. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Globant class action, go to https://rosenlegal.com/submit-form/?case_id=62595 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     case@rosenlegal.com
     www.rosenlegal.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/glob-investors-have-opportunity-to-lead-globant-sa-securities-fraud-lawsuit-302763407.html

SOURCE THE ROSEN LAW FIRM, P. A.

Cision PR Newswire

Cision PR Newswire

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