Core Viewpoint - Jayud Global Logistics Limited is facing a securities class action lawsuit for failing to disclose material information during the class period from April 21, 2023, to April 30, 2025, which allegedly violates federal securities laws [1][3]. Summary by Sections Lawsuit Details - The lawsuit, titled Lindstrom v. Jayud Global Logistics Limited, is pending in the United States District Court for the Southern District of New York [5]. - Investors who purchased Jayud's securities during the specified class period have until January 19, 2026, to file lead plaintiff applications [1]. Allegations Against the Company - The allegations include that Jayud was involved in a fraudulent "pump-and-dump" scheme, utilizing social media misinformation and impersonated financial professionals [4]. - It is claimed that insiders or affiliates used offshore accounts to facilitate the coordinated dumping of shares during a price inflation campaign [4]. - The company's public statements and risk disclosures allegedly omitted critical information regarding false rumors and artificial trading activity that inflated the stock price [4]. - As a result of these actions, the positive statements made by the defendants about Jayud's business and prospects were deemed materially misleading [4]. ClaimsFiler Information - ClaimsFiler is a free shareholder information service aimed at helping retail investors recover funds from securities class action settlements [6]. - The service allows investors to register for free, access information on various securities class action cases, and submit inquiries for case evaluations [6].
Jayud Global Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuits Against Jayud Global Logistics Limited - JYD