Core Viewpoint - Investors with significant losses in Jayud Global Logistics Limited have until January 19, 2026, to file lead plaintiff applications in a securities class action lawsuit due to alleged failures in disclosing material information during the Class Period from April 21, 2023, to April 30, 2025 [1][3]. Summary by Sections Lawsuit Details - The lawsuit against Jayud and certain executives alleges violations of federal securities laws by failing to disclose material information during the Class Period [3]. - The case is identified as Lindstrom v. Jayud Global Logistics Limited, et al., Case No. 25-cv-09662 [5]. Allegations - The allegations include: - The Company was involved in a fraudulent "pump-and-dump" scheme utilizing social media misinformation and impersonated financial professionals [4]. - Insiders or affiliates allegedly used offshore or nominee accounts to facilitate coordinated share dumping during a price inflation campaign [4]. - Public statements and risk disclosures from the Company omitted references to false rumors and artificial trading activity that inflated stock prices [4]. - Consequently, the defendants' positive statements regarding Jayud's business and prospects were materially misleading and lacked a reasonable basis [4]. Legal Representation - Kahn Swick & Foti, LLC, a prominent securities litigation law firm, is representing the investors, with a history of recovering investment losses due to corporate fraud [5].
Jayud Global Logistics Limited Securities Fraud Class Action Result of Massive Stock Decline - Investors may Contact Lewis Kahn, Esq, @ KSF