Jayud Global Logistics Faces Class Action for Misleading Statements
Written by Emily J. Thompson, Senior Investment Analyst
Source: PRnewswire
Updated: 2 day ago
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Source: PRnewswire
- Class Action Reminder: DJS Law Group alerts investors that Jayud Global Logistics (NASDAQ:JYD) is facing a class action lawsuit for violations of securities laws, potentially affecting numerous shareholders who purchased shares between April 21, 2023, and April 30, 2025.
- Details of the Lawsuit: The complaint alleges that Jayud and its executives engaged in a scheme involving misinformation on social media, resulting in public statements that were false and materially misleading throughout the class period, which may have caused significant losses for shareholders.
- Opportunity for Shareholder Participation: Affected shareholders are encouraged to contact DJS Law Group to apply for lead plaintiff status, although such status is not required to participate in any recovery, highlighting the legal team's commitment to protecting shareholder interests.
- Next Steps for Shareholders: Once registered as a shareholder who purchased shares during the specified timeframe, individuals will be enrolled in a portfolio monitoring software that provides status updates throughout the lifecycle of the case, ensuring transparency and engagement for shareholders during the litigation process.
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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.