Jayud Global Logistics Faces Fraud Allegations as Stock Surges to $8
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Globenewswire
- Fraud Allegations: Jayud Global Logistics is accused of engaging in a fraudulent stock promotion scheme during the class period from April 21, 2023, to April 30, 2025, causing its stock price to surge from approximately $1 to $8, highlighting severe market manipulation.
- Insider Trading: The complaint alleges that insiders used offshore accounts for coordinated share dumping, failing to disclose risk information, which led investors to chase the stock without fundamental support, resulting in significant losses.
- Social Media Misinformation: Jayud is accused of not disclosing the misinformation spread on social media and impersonation of financial professionals, which fueled a buying frenzy among retail investors and further inflated the stock price artificially.
- Legal Action: Shareholders can file documents by January 20, 2026, to serve as lead plaintiffs in the class action, representing other shareholders in litigation, indicating a pressing need for improved corporate governance to protect investor rights.
Analyst Views on JYD
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.
