Globant is a Luxembourg-incorporated international technology services company that provides digital consulting, software development, and IT outsourcing services to multinational corporations across a variety of sectors.
According to the complaint filed in the U.S. District Court for the Southern District of New York and captioned Ohio Carpenters’ Pension Fund v. Globant S.A., Case No. 26-cv-3405 (S.D.N.Y.), from February 15, 2024 and August 14, 2025 (the “Class Period”), Globant and certain of the Company’s directors and officers made materially false and misleading statements about Globant’s Latin American operations, including concealing the true state of the Company’s Latin American business. When the market learned the truth over the course of 2025, Globant’s stock suffered a steep decline.
