Lawsuit Initiation: A class action lawsuit has been filed against Jayud Global Logistics Limited (NASDAQ:JYD) on behalf of investors who acquired securities between April 21, 2023, and April 30, 2025, reflecting serious investor concerns over potential fraudulent activities by the company.
Stock Volatility: In April 2025, Jayud's stock surged from approximately $1 to $8 per share, only to collapse by about 95% on April 2, indicating a lack of confidence in the company's fundamentals and resulting in significant losses for investors.
Fraud Allegations: The lawsuit alleges that the stock price spike was orchestrated through fraudulent promotional campaigns and coordinated insider selling, revealing major deficiencies in the company's transparency and compliance, which could impact its future financing capabilities.
Investor Rights: Investors must apply by January 20, 2026, to be appointed as lead plaintiffs in the class action, highlighting concerns over corporate governance and investor protection, which may prompt the company to enhance its compliance measures to restore market trust.
JYD
$3.59+Infinity%1D
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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.