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Events / Business / Globant Faces Securities Fraud Lawsuits
Business securities fraud lawsuit

Globant Faces Securities Fraud Lawsuits

Analysis based on 105 articles · First reported Apr 27, 2026 · Last updated Jun 18, 2026

Sentiment
-70
Attention
6
Articles
105
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The class action lawsuits against Globant have negatively impacted its stock price, which dropped significantly after disclosures of operational failures. The ongoing legal proceedings create uncertainty for investors and highlight the importance of corporate transparency regarding business operations and employee relations.

Information Technology Legal Services
Event Summary

Multiple investor rights law firms, including Bronstein, Gewirtz & Grossman, LLC, Faruqi & Faruqi, and Rosen Law Firm, have filed or are investigating class action lawsuits against Globant S.A. The lawsuits allege that Globant made materially false and misleading statements to investors between February 15, 2024, and August 14, 2025. Specifically, the complaints claim that Globant's 'Latin American pivot' was unsuccessful, with declining demand, client defections, and project cancellations in its Latin American operations. Furthermore, it is alleged that Globant froze employee wages in Mexico and Argentina, leading to widespread employee turmoil and degraded client services. These undisclosed issues reportedly caused Globant's stock price to drop significantly after the true extent of its failures in Latin America was revealed, including a 2% headcount reduction and a $47.6 million restructuring charge in Q2 2025. Investors who purchased Globant common stock during the specified period have until June 23, 2026, to seek lead plaintiff status in these lawsuits.

Key Actions
100 Bronstein, Gewirtz & Grossman, LLC filed class action lawsuit Globant
100 The Schall Law Firm filed class action lawsuit Globant
100 Levi & Korsinsky filed securities class action Globant
94 The Law Offices of Frank R. Cruz filed class action lawsuits
90 Rosen Law Firm announces class action Globant
90 Glancy Prongay & Murray announced lawsuit opportunity Globant
90 The Law Offices of Frank R. Cruz announced lawsuit opportunity Globant
90 Faruqi & Faruqi filed class action Globant
90 Martín Migoya made misleading statements
90 Juan Ignacio Urthiague told investors
90 DJS Law Group reminded investors of lawsuit Globant
88 Globant froze wages
86 Globant reduced headcount
85 Globant froze wages Argentina
85 Globant froze wages Mexico
+ 13 more actions View on Dashboard
Entities Involved
stock
Globant
Globant is the defendant in multiple class action lawsuits alleging securities fraud due to misleading statements about its Latin American operations and employee wage freezes, which led to a significant stock price drop.
Importance 100 Sentiment -80
priv
Bronstein, Gewirtz & Grossman, LLC
Bronstein, Gewirtz & Grossman, LLC is a law firm that has filed a class action lawsuit against Globant, representing investors who suffered losses.
Importance 90 Sentiment 50
per
Martín Migoya
Martín Migoya, CEO of Globant, is named as an individual defendant in the lawsuit, accused of making misleading statements and signing inaccurate SEC certifications despite alleged knowledge of operational failures.
Importance 90 Sentiment -70
per
Juan Ignacio Urthiague
Juan Ignacio Urthiague, CFO of Globant, is named as an individual defendant, facing allegations of making misleading statements and signing inaccurate SEC certifications while aware of undisclosed operational issues.
Importance 90 Sentiment -70
priv
Faruqi & Faruqi
Faruqi & Faruqi is a national securities law firm investigating potential claims against Globant and reminding investors of the lead plaintiff deadline.
Importance 85 Sentiment 50
priv
Rosen Law Firm
Rosen Law Firm is a global investor rights law firm that has announced a class action lawsuit against Globant and is encouraging investors to join.
Importance 85 Sentiment 50
priv
The Schall Law Firm
The The Schall Law Firm is representing investors in a class action lawsuit against Globant, seeking to recover losses for shareholders. This event enhances the firm's visibility and business.
Importance 80 Sentiment 50
priv
Levi & Korsinsky
Levi & Korsinsky is the law firm representing the plaintiffs in the securities class action against Globant, actively seeking investors who suffered losses and managing the legal proceedings.
Importance 80 Sentiment 70
per
Patricia Pomies
Patricia Pomies, former COO of Globant, is named as an individual defendant, accused of making misleading statements about demand and hiring despite alleged operational deterioration.
Importance 80 Sentiment -60
priv
DJS Law Group
DJS Law Group is initiating and representing investors in the class action lawsuit against Globant, aiming to recover losses for shareholders.
Importance 80 Sentiment 50
per
Peretz Bronstein
Peretz Bronstein is a founding partner of Bronstein, Gewirtz & Grossman, LLC, actively involved in the class action lawsuit against Globant.
Importance 70 Sentiment 40
priv
Glancy Prongay & Murray
Glancy Prongay & Murray is one of the law firms announcing the opportunity for investors to lead the securities fraud class action lawsuit against Globant>>>.
Importance 70 Sentiment 20
priv
The Law Offices of Frank R. Cruz
The Law Offices of Frank R. Cruz is another law firm inviting investors to participate in the securities fraud lawsuit against Globant>>>.
Importance 70 Sentiment 20
per
Joseph E. Levi
Joseph E. Levi, Esq. is a key attorney at Levi & Korsinsky, actively quoted and involved in the securities class action against Globant, providing legal commentary and guidance to investors.
Importance 70 Sentiment 60
per
Nathan Miller
Nathan Miller is the Client Relations Manager for Bronstein, Gewirtz & Grossman, LLC, assisting investors in joining the class action against Globant.
Importance 60 Sentiment 40
+ 13 more entities View on Dashboard
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