Core Viewpoint - Jayud Global Logistics Limited is facing a class action lawsuit due to allegations of engaging in a fraudulent stock promotion scheme that misled investors during the class period from April 21, 2023, to April 30, 2025 [2]. Group 1: Allegations and Company Actions - The lawsuit claims that Jayud failed to disclose involvement in a fraudulent stock promotion scheme that utilized social media misinformation and impersonated financial professionals [3]. - Insiders allegedly used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign, which was not disclosed in Jayud's public statements [3]. - The company's share price reportedly surged from approximately $1.00 to an all-time high of around $8.00 per share without any fundamental news to justify this increase, indicating potential manipulation [4]. Group 2: Investor Information - Shareholders may be eligible to participate in the class action against Jayud, with a deadline for filing as lead plaintiff set for January 20, 2026 [5]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [5].
JYD Class Action Reminder: Jayud Global Logistics Limited Stockholders Should Contact Robbins LLP for Information About Leading the Class Action Against JYD