Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited for allegedly engaging in a fraudulent "pump-and-dump" scheme that led to significant stock price manipulation and investor losses during the specified Class Period [1][3]. Company Overview - Jayud Global Logistics Limited, headquartered in Shenzhen, China, offers global cross-border supply chain solutions, including freight forwarding, supply chain management, customs brokerage, and logistics IT systems [2]. Stock Performance and Allegations - During the Class Period from April 21, 2023, to April 30, 2025, Jayud's stock price surged from approximately $1.00 to nearly $8.00 per share without any fundamental business news, indicating potential manipulation [3]. - The lawsuit claims that this price increase was artificially driven by insiders or affiliates through a coordinated share dumping strategy, resulting in a subsequent collapse of the stock price by about 95% on April 2, 2025, leading to substantial losses for investors [3]. Legal Action and Investor Information - Investors who purchased Jayud securities during the Class Period have until January 20, 2026, to seek appointment as lead plaintiff representatives in the class action [2].
INVESTOR REMINDER: Berger Montague Notifies Jayud Global Logistics (JYD) Investors of a Class Action Lawsuit and Deadline