{"id":964165,"date":"2026-05-18T13:03:57","date_gmt":"2026-05-18T17:03:57","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/glob-upcoming-deadline-levi-korsinsky-alerts-globant-s-a-stockholders-of-securities-class-action-contact-the-firm\/"},"modified":"2026-05-18T13:03:57","modified_gmt":"2026-05-18T17:03:57","slug":"glob-upcoming-deadline-levi-korsinsky-alerts-globant-s-a-stockholders-of-securities-class-action-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/glob-upcoming-deadline-levi-korsinsky-alerts-globant-s-a-stockholders-of-securities-class-action-contact-the-firm\/","title":{"rendered":"GLOB UPCOMING DEADLINE: Levi & Korsinsky Alerts Globant S.A. Stockholders of Securities Class Action – Contact the Firm"},"content":{"rendered":"

\nGlobant’s SEC Filings Touted Talent Retention and Delivery Expansion While Allegedly Concealing Wage Freezes, Client Defections, and a Deteriorating Latin American Workforce \u2014 Investors Lost Over $143 Per Share as Generic Risk Warnings Failed to Flag Known Operational Collapse
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NEW YORK, May 18, 2026 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP examines the adequacy of Globant S.A.’s (NYSE: GLOB) risk disclosures during the period from February 15, 2024 through August 14, 2025. A securities class action has been filed alleging GLOB shareholders were harmed by materially inadequate disclosures. Find out if you qualify to recover your GLOB losses<\/a>. You may also contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com<\/a> or (212) 363-7500.<\/p>\n

GLOB shares fell from $210.17 to $66.46, a total decline exceeding $143 per share (68%). The lead plaintiff deadline is June 23, 2026.<\/p>\n

\n What the Company Disclosed in Its SEC Filings<\/strong>\n <\/p>\n

In its February 2024 Annual Report (Form 20-F), Globant made several affirmative representations about the health of its workforce and delivery strategy. The Company stated that “[a] key element of our strategy is to expand our delivery footprint” and that it would “continue to focus on expanding our global delivery footprint to gain access to additional pools of talent.” Separately, the filing declared: “People are one of our most valuable assets. Attracting and retaining the right employees is critical to the success of our business.”<\/p>\n

The Company also highlighted employee retention as “one of our main priorities and a key driver of operational efficiency and productivity,” noting it sought to retain talent through “cutting-edge projects,” “flexible work,” and “non-traditional benefits.”<\/p>\n

\n What the Complaint Alleges Was Missing<\/strong>\n <\/p>\n

The lawsuit challenges these disclosures as materially incomplete. Specifically, the complaint contends that while Globant was publicly celebrating its talent strategy, the Company had already:<\/p>\n