Jayud Global Logistics Faces Class Action for Alleged Securities Fraud Impacting Investors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
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Source: Globenewswire
- Class Action Initiated: Kahn Swick & Foti has filed a class action lawsuit against Jayud Global Logistics to recover losses for investors affected between April 21, 2023, and April 30, 2025, highlighting serious concerns over the company's financial transparency.
- Fraud Allegations Detailed: The lawsuit alleges that Jayud was involved in a fraudulent “pump-and-dump” scheme using social media misinformation, with insiders utilizing offshore accounts to dump shares during price inflation, indicating potential flaws in corporate governance.
- Insufficient Disclosure: The complaint points out that Jayud's public statements and risk disclosures omitted any mention of false rumors and artificial trading activity, leading to investor misconceptions about the company's business prospects, which could undermine future investor confidence.
- Investor Action Deadline: Affected investors must apply to be lead plaintiffs by January 19, 2026, although they can still share in any recovery without serving as lead plaintiffs, emphasizing the proactive role investors can take in legal proceedings.
JYD
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About JYD
Jayud Global Logistics Ltd is a holding company principally engaged in providing cross-border logistics services. The Company’s cross-border supply chain solution services include freight forwarding services, supply chain management, and other value-added services. The freight forwarding services include integrated cross-border logistics services, contract logistics services, basic logistics services, fragmented logistics services, warehousing services, chartered airline freight services and other fragmented logistics services. The supply chain management includes international trading and agent services. The other value-added services include custom brokerage and intelligent logistic information technology (IT) systems. The Company mainly operates its businesses in the domestic market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
