Jayud Global Logistics Faces Securities Fraud Class Action After 95.6% Stock Plunge
Written by Emily J. Thompson, Senior Investment Analyst
Source: Businesswire
Updated: 52 minutes ago0mins
- Securities Fraud Lawsuit: Jayud Global Logistics is facing a class action lawsuit for securities fraud following its IPO in April 2023, with investors able to file for lead plaintiff status by January 20, 2026, indicating significant legal risks for the company.
- Stock Price Plunge: On April 1, 2025, Jayud's stock price plummeted 95.6% from an all-time high of $7.97 to $0.35, resulting in an approximate $720 million loss in market capitalization, reflecting a severe loss of investor confidence in the company's fundamentals.
- Insider Trading Allegations: The lawsuit alleges that Jayud's listing structure enabled insiders to manipulate stock prices through false promotions and social media misinformation, highlighting major governance deficiencies within the company.
- Investor Losses: The failure to disclose adverse information and misleading statements has led to significant investor losses during the class period, underscoring serious issues regarding the company's transparency and compliance.
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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.
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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.
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