What does the Globant securities lawsuit allege?

The complaint alleges Globant and certain executives made materially misleading statements that overstated the strength of its Latin American operations and pivot, while concealing a slowdown there, until a series of disclosures in 2025 revealed the truth and the stock fell sharply. These are unproven allegations.

What is the Globant lead plaintiff deadline?

According to the public investor notices, the deadline to ask the court to be appointed lead plaintiff is June 23, 2026. Being a class member does not require seeking lead-plaintiff status; investors who do nothing may still be part of any class if one is certified.

Do I need to do anything to join the Globant class action?

No. At this stage there is nothing to file. Investors who did nothing would still be part of any class that is eventually certified. Only an investor who wants to seek appointment as lead plaintiff must act by the June 23, 2026 deadline.

Globant Securities Class Action (GLOB)

Q: Is there a Globant settlement or claim form for this securities lawsuit?

No. Ohio Carpenters' Pension Fund v. Globant S.A. is a newly filed securities-fraud complaint. There is no certified class, no settlement, and no claim form. The allegations are unproven and Globant has not been found liable.

Q: Who could be covered by the proposed Globant investor class?

The complaint proposes a class of investors who purchased or acquired Globant S.A. (NYSE: GLOB) common stock between February 15, 2024 and August 14, 2025, inclusive. Class membership is not finalized; a court must still rule on certification.

By Steve Levine

Globant (GLOB) securities class action over Latin America statements

Published: June 14, 2026

▼ Allegations Only · No Settlement Yet

This article describes a securities class action complaint. The statements below are unproven allegations. Globant S.A. has not been found liable, there is no certified class, and nothing to claim at this time. This page is informational and is not legal or investment advice.

Status Complaint Filed Ohio Carpenters' Pension Fund v. Globant S.A., No. 1:26-cv-03405 (S.D.N.Y.)

Proposed Class Period Feb 15, 2024 – Aug 14, 2025 Purchasers of Globant (NYSE: GLOB) common stock

Lead Plaintiff Deadline June 23, 2026 Date to ask the court to lead the case (not required to be a class member)

Can I Claim? No — nothing to claim yet

What Is This About?

A securities-fraud class action complaint, captioned Ohio Carpenters' Pension Fund v. Globant S.A., No. 1:26-cv-03405, has been filed in the U.S. District Court for the Southern District of New York against Globant S.A. (NYSE: GLOB) and certain of its senior officers and directors. The complaint alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who bought Globant common stock between February 15, 2024 and August 14, 2025.

Globant is a Luxembourg-headquartered software and digital-engineering company with deep roots in Latin America, where it was founded and where a substantial share of its operations and revenue sit. In mid-2023 the company announced a roughly $1 billion strategic push to expand its Latin American business. The complaint alleges that, throughout the class period, Globant and its executives touted the success and resilience of that Latin American pivot while allegedly concealing that the region was weakening — overstating the health of a business line that the case says was deteriorating beneath the optimistic messaging. The allegations are unproven, and Globant has not responded to them in court at this stage.

What Allegedly Happened

According to the complaint and public investor notices, the alleged truth about Globant's Latin American operations reached the market through a series of disclosures in 2025. The case points to corrective events in February, May, and August 2025 that progressively undercut the company's earlier optimism — including a first-quarter 2025 result showing a roughly 9% year-over-year decline in Latin American revenue.

The pressure culminated on August 14, 2025, when Globant reported mixed second-quarter 2025 results that included an approximately 2% headcount reduction — around 1,000 employees — and a substantial restructuring charge of roughly $47.6 million. GLOB shares fell from a close of about $78.12 on August 14, 2025 to about $66.46 the next trading session. Across the three corrective disclosures, the complaint frames Globant's stock as having lost the great majority of its value over the period — from triple-digit levels to the mid-$60s — and seeks to recover losses for investors who purchased during the proposed class period. Whether any of these allegations can be proven remains to be decided by the court.

Who Is Affected

The proposed class consists of investors who purchased or otherwise acquired Globant S.A. (NYSE: GLOB) common stock during the proposed class period of February 15, 2024 through August 14, 2025, inclusive. No class has been certified yet, so membership is not final. This is an investor case — it concerns statements made to shareholders and the price of GLOB stock, not Globant's clients, employees, or any consumer product.

What Happens Next

This case is at the earliest stage. Under the Private Securities Litigation Reform Act, the public investor notices give investors until June 23, 2026 to ask the court to be appointed lead plaintiff — the investor, often an institution with a large loss, who directs the litigation on behalf of the class. An investor does not need to seek lead-plaintiff status, or do anything at all, to potentially share in any future recovery if a class is certified and the case ultimately succeeds or settles.

From here, the court will appoint a lead plaintiff and lead counsel, an amended complaint will typically be filed, and Globant is expected to move to dismiss. Many securities class actions are resolved years after filing, and a large share are dismissed; there is no guarantee of any recovery. There is no settlement and no claim form at this time. If a settlement is ever reached, OpenClassActions will update this page with the deadline, fund amount, and filing instructions.

Frequently Asked Questions

Is there a settlement or claim form yet?

No. This is a newly filed complaint. There is no certified class, no settlement, and no claim form. Nothing can be claimed at this stage.

Who is in the proposed class?

Investors who purchased or acquired Globant (NYSE: GLOB) common stock between February 15, 2024 and August 14, 2025, inclusive. The class is not finalized — a court must still rule on certification.

What does the lawsuit allege?

That Globant and certain executives made materially misleading statements overstating the strength of its Latin American operations while concealing a slowdown there, until a series of 2025 disclosures revealed the truth and the stock fell sharply. These are unproven allegations.

What is the lead plaintiff deadline?

The public investor notices list June 23, 2026 as the deadline to move for appointment as lead plaintiff. Seeking lead-plaintiff status is optional and is not required to remain part of any certified class.