Core Points - A class action lawsuit has been filed against Jayud Global Logistics Limited on behalf of investors who acquired securities during the period from April 21, 2023, to April 30, 2025 [1][2] - The lawsuit alleges that Jayud's stock price surged from approximately $1.00 to nearly $8.00 per share due to a fraudulent "pump-and-dump" scheme, resulting in a subsequent collapse of about 95% on April 2, 2025 [3] Company Overview - Jayud Global Logistics Limited is headquartered in Shenzhen, China, and provides global cross-border supply chain solutions, including freight forwarding, supply chain management, customs brokerage, and logistics IT systems [2] Legal Context - Investors who purchased Jayud securities during the class period have until January 20, 2026, to seek appointment as lead plaintiff representatives [2] - The law firm Berger Montague, which specializes in complex civil litigation and class actions, is leading the lawsuit [4]
Berger Montague PC Investigating Claims on Behalf of Jayud Global Logistics Limited (NASDAQ: JYD) Investors After Class Action Filing