Core Viewpoint - Jayud Global Logistics Limited is facing a class action lawsuit for securities fraud, with allegations of false and misleading statements made to the market, benefiting from a fraudulent stock promotion scheme [5]. Group 1: Lawsuit Details - The class action lawsuit is against Jayud Global Logistics Limited for violations of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased securities between April 21, 2023, and April 30, 2025, are encouraged to contact the Schall Law Firm before January 20, 2026 [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [4]. Group 2: Allegations Against the Company - The complaint alleges that Jayud engaged in a fraudulent stock promotion scheme involving impersonated financial professionals and misinformation on social media [5]. - The company, along with insiders and affiliates, reportedly used offshore accounts to sell shares when prices were inflated, leading to materially misleading public statements [5]. - Investors suffered damages when the truth about Jayud was revealed to the market [5].
JYD Investors Have Opportunity to Lead Jayud Global Logistics Limited Securities Fraud Lawsuit with the Schall Law Firm