Globant S.A. (GLOB) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

Globant S.A.'s shareholders who suffered losses may have the opportunity to lead a securities fraud class action, according to a Los Angeles filing. The Law Offices of Frank R. Cruz issued a June 3, 2026 release stating that eligible investors may seek lead plaintiff status in the case against Globant S.A. (NYSE: GLOB). The complaint alleges that, from February 15, 2024 to August 14, 2025, Globant failed to disclose declining demand across Latin America and wage freezes in Argentina and Mexico in late 2023, while clients reduced or canceled projects. As a result, the firm contends the defendants' statements about the company's business and prospects were misleading or lacked a reasonable basis. Investors who wish to participate can contact the firm for details, and the lead plaintiff deadline is June 23, 2026. Lead plaintiffs join with no action required initially, and participation may involve retaining counsel; the release notes that the matter concerns Globant, traded on the NYSE as GLOB. The announcement may be considered attorney advertising in some jurisdictions.