Jayud Global Logistics Faces Fraud Allegations, Class Action Initiated
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
Updated: 1 hour ago
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Source: Globenewswire
- Class Action Initiation: Rosen Law Firm reminds investors who purchased Jayud securities between April 21, 2023, and April 30, 2025, to apply as lead plaintiffs by January 20, 2026, to potentially receive compensation without any out-of-pocket costs.
- Fraud Allegations Details: The lawsuit alleges that Jayud made materially false statements and failed to disclose involvement in a fraudulent stock promotion scheme, leading to artificial stock price inflation and significant investor losses during the class period.
- Law Firm Background: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, demonstrating its extensive experience and success in this legal domain.
- Investor Advisory: Investors are advised to select qualified counsel with a proven track record in class actions to ensure effective representation, avoiding firms that merely act as intermediaries without actual litigation experience.
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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.