Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited, alleging violations of the Securities Exchange Act of 1934 due to misrepresentations and involvement in a "pump-and-dump" scheme [1][4]. Group 1: Legal Action Details - The complaint was filed in the United States District Court for the Southern District of New York on behalf of investors who purchased Jayud securities between April 21, 2023, and April 30, 2025 [1]. - The lawsuit claims that certain senior officers of Jayud were involved in misleading investors through sensational claims made in online forums and social media [4]. Group 2: Class Action Participation - Investors who wish to participate as lead plaintiffs must file necessary documents by January 20, 2026, although participation as a class member does not require this [5]. - All legal representation is on a contingency fee basis, meaning shareholders incur no fees or expenses unless there is a recovery [5]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has a strong track record in class action litigation [6]. - The firm has been recognized multiple times in legal industry rankings, indicating its reputation and experience in handling such cases [6].
SHAREHOLDER ALERT: Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Jayud Global Logistics Limited (NASDAQ: JYD)