Securities Fraud Class Action Filed Against Globant S.A. (GLOB) - Levi & Korsinsky Reminds Investors of June 23, 2026

NEW YORK CITY, NY / ACCESS Newswire / June 11, 2026 / Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Globant S.A. (NYSE:GLOB) securities.

If you suffered a loss on your Globant S.A. investment and would like to explore a potential recovery under the federal securities laws, Learn about Globant S.A. Class Action or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

THE LAWSUIT: A class action securities lawsuit was filed against Globant S.A. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between February 15, 2024 and August 14, 2025.

CASE DETAILS: According to the filed complaint, defendants made false and/or misleading statements and/or failed to disclose that Globant's Latin American operations began experiencing turmoil in late 2023. Latin America was not, as defendants claimed, a "particularly beneficial" region that would allow for the "ability to grow" Globant's business. Nor was the market in Latin America "stable" or "improving a lot." In truth, 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. Moreover, it was misleading for Globant to discuss the effects of the depreciation of the Argentine currency on its project contracts without disclosing that it had frozen the wages of its Argentine employees and that, because of currency depreciation, those wage freezes amounted in practical terms to wage cuts.

WHAT'S NEXT? If you purchased Globant S.A. stock during the relevant time frame - even if you still hold your shares, learn about your rights to seek a recovery. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 27th Floor

New York, NY 10004

[email protected]

Tel: (212)363-7500

Fax: (212) 363-7171

SOURCE: Levi & Korsinsky, LLP