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Investors Eye Lead Role in Globant Securities Class Action

Investors Eye Lead Role in Globant Securities Class Action

Investors who sustained financial losses tied to Globant S.A. have until June 23, 2026, to apply for the position of lead plaintiff in a pending securities fraud class action. The lawsuit, filed by The Law Offices of Frank R. Cruz, targets alleged misrepresentations regarding the company’s regional demand.

The complaint alleges that between February 15, 2024, and August 14, 2025, Globant executives failed to disclose critical shifts in their Latin American market. According to the filing, the company faced a decline in project volume as clients in the region reduced or canceled engagements. Furthermore, the suit claims Globant implemented wage freezes in Argentina and Mexico as early as late 2023, details that were allegedly omitted from public statements about the firm's operational health.

Investors who purchased shares during this period and suffered losses are eligible to seek appointment as lead plaintiff. Those interested in the litigation or wishing to review their legal rights can contact the firm via email at info@frankcruzlaw.com or by phone at 310-914-5007. Shareholders are not required to take immediate action to remain members of the class, as they may also choose to retain independent counsel or remain passive participants in the proceedings.

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