Core Viewpoint - A securities fraud class action lawsuit has been filed against Jayud Global Logistics Limited, alleging misrepresentations about the company's business and involvement in a "pump-and-dump" scheme targeting retail investors [3][4]. Group 1: Lawsuit Details - The lawsuit was initiated in the United States District Court for the Southern District of New York on behalf of investors who acquired Jayud securities between April 21, 2023, and April 30, 2025 [3]. - Allegations include violations of the Securities Exchange Act of 1934 against the company and certain senior officers [3]. - The lawsuit claims that defendants engaged in misleading promotions through online forums and social media to artificially inflate stock prices [4]. Group 2: Legal Representation - Investors wishing to serve as lead plaintiffs must file necessary documents by January 20, 2026 [5]. - Representation in the lawsuit operates 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 its inception in 1993 and has represented both individual investors and large pension funds [6]. - The firm has been recognized multiple times for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" and listed in The Legal 500 for sixteen consecutive years [6].
JAYUD GLOBAL LOGISTICS LIMITED (NASDAQ: JYD) DEADLINE ALERT Bernstein Liebhard LLP Reminds Jayud Global Logistics Limited Investors of Upcoming Deadline