Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited, alleging fraudulent activities that led to a significant stock price manipulation during the Class Period from April 21, 2023, to April 30, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Jayud's stock price surged from approximately $1.00 to $8.00 per share in early April 2025 without any fundamental news to justify this increase [3]. - It is alleged that the stock price spike was driven by a fraudulent promotion campaign, which included social media manipulation and impersonation of financial professionals, along with coordinated selling by insiders and affiliates [3]. - Following the spike, Jayud's stock experienced a dramatic collapse of about 95% on April 2, 2025, resulting in substantial losses for investors [3]. Group 2: Company Information - Jayud Global Logistics Limited is based in Shenzhen, China, and provides cross-border logistics services [2]. - Investors who purchased Jayud securities during the Class Period have until January 20, 2026, to seek appointment as lead plaintiff representatives [2].
JAYUD GLOBAL LOGISTICS LIMITED SECURITIES FRAUD NOTICE: Berger Montague Informs Jayud Global Logistics Limited (JYD) Investors of Securities Fraud Lawsuit