Class Action Reminder: The Schall Law Firm alerts investors that Jayud Global Logistics is facing a class action lawsuit for violations of securities laws related to trades made between April 21, 2023, and April 30, 2025, potentially impacting numerous investors' rights.
False Statements Exposed: The complaint alleges that Jayud made false and misleading statements during this period, involving misinformation spread on social media and impersonation of financial professionals, leading to investor losses.
Stock Manipulation Allegations: The company and its insiders are accused of using offshore accounts to manipulate stock prices, dumping shares when prices were artificially inflated, exacerbating investor losses.
Potential Legal Consequences: Until the class action is certified, investors are not represented by an attorney, and those who choose not to act may remain absent class members, risking their opportunity to recover losses.
JYD
$3.54+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.