{"id":24327,"date":"2026-06-22T21:59:00","date_gmt":"2026-06-22T19:59:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=1820ef3459f76da206c27931e2ecc73b"},"modified":"2026-06-22T21:59:00","modified_gmt":"2026-06-22T19:59:00","slug":"deadline-soon-globant-s-a-glob-shareholders-who-lost-money-urged-to-contact-the-law-offices-of-frank-r-cruz-about-securities-fraud-lawsuit","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=24327","title":{"rendered":"Deadline Soon: Globant S.A. (GLOB) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz<\/a> reminds investors of the upcoming June 23, 2026 <\/b>deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Globant S.A. (\u201cGlobant\u201d or the \u201cCompany\u201d) (NYSE: GLOB<\/a>) common stock between February 15, 2024 and August 14, 2025<\/b>, inclusive (the \u201cClass Period\u201d).<\/p>

IF YOU ARE AN INVESTOR WHO LOST MONEY ON GLOBANT S.A. (GLOB), CLICK <\/b>HERE<\/b><\/a> TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT.<\/b><\/p>

What Happened?<\/b><\/p><\/a><\/a>

On February 20, 2025, Globant released its fourth quarter 2024 financial results, missing guidance and reporting a 1.3% decrease in Latin American revenue, stating that the \u201csituation\u201d in Latin America was \u201ca little bit rocky . . . because of the political turmoil and different things that happened in Brazil and in Colombia, mainly.\u201d<\/p>

On this news, Globant\u2019s stock price fell $58.45, or 27.8%, to close at $151.72 per share on February 21, 2025, thereby injuring investors.<\/p>

Then, on May 15, 2025, Globant released its first quarter 2025 financial results, announcing lower than expected growth in Latin America, citing \u201ca challenging macroeconomic and geopolitical context\u201d affecting the \u201cspending patterns among some of [Globant\u2019s] largest customers,\u201d particularly in Latin America. Globant also disclosed that its Latin American revenue declined 9% year-over-year, \u201cwith notable contractions in Mexico and Brazil.\u201d<\/p>

On this news, Globant\u2019s stock price fell $31.37, or 23.6%, to close at $101.47 per share on May 16, 2025.<\/p>

Then, on August 14, 2025, Globant announced that it had reduced its headcount by about 1,000 employees and taken a $47.6 million restructuring charge.<\/p>

On this news, Globant\u2019s stock price fell $11.66, or 14.9%, to close at $66.46 per share on August 15, 2025, thereby injuring investors further.<\/p>

What Is The Lawsuit About?<\/b><\/p>

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Globant was facing decreasing demand across Latin America and had frozen wages in both Argentina and Mexico in late 2023 and Latin American clients were reducing and cancelling their projects with the Company; and (2) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>

If you purchased or otherwise acquired Globant common stock between February 15, 2024 and August 14, 2025, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is June 23, 2026.<\/b><\/p>

Contact Us To Participate or Learn More:<\/b><\/p>

If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us:<\/p>

Frank R. CruzThe Law Offices of Frank R. Cruz2121 Avenue of the Stars, Suite 800Century City, California 90067Email us at: info@frankcruzlaw.com<\/a>Call us at: 310-914-5007Visit our website at www.frankcruzlaw.com<\/a>Follow us for updates on Twitter: twitter.com\/FRC_LAW<\/a><\/p>

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.<\/p>

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

The Law Offices of Frank R. Cruz, Los AngelesFrank R. Cruz, 310-914-5007fcruz@frankcruzlaw.com<\/a>www.frankcruzlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz reminds investors of the upcoming June 23, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Globant S….<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24327","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/24327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24327"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/24327\/revisions"}],"predecessor-version":[{"id":24328,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/24327\/revisions\/24328"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}