Core Viewpoint - A class action securities lawsuit has been filed against Jayud Global Logistics Limited, alleging securities fraud that affected investors between April 21, 2023, and April 30, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Jayud Global was involved in a fraudulent stock promotion scheme, which included misinformation on social media and impersonation of financial professionals [4]. - It is alleged that insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign [4]. - The company's public statements and risk disclosures reportedly failed to mention the 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 regarding Jayud's business and prospects were deemed materially misleading [4]. Group 2: Legal Process - The case is identified as Lindstrom v. Jayud Global Logistics Limited, et al., Case No. 25-cv-09662 [5]. - Investors who suffered losses during the specified timeframe have until January 19, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require this role [5]. Group 3: Law Firm Background - Kahn Swick & Foti, LLC, the law firm handling the case, is recognized as one of the top boutique securities litigation firms in the U.S., with a ranking among the top 10 firms nationally based on total settlement value [5]. - The firm represents a diverse range of clients, including institutional and retail investors, seeking recoveries for losses due to corporate fraud [5].
Jayud Global Logistics Ltd. Notice of January 19, 2026 Application Deadline for Class Action Lawsuit- Contact Lewis Kahn, Esq.