Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Ltd. for allegedly making false and misleading statements regarding its business and operations during the class period from April 21, 2023, to April 30, 2025 [2][3]. Group 1: Allegations - The lawsuit claims that Jayud was involved in a fraudulent stock promotion scheme that included misinformation on social media and impersonation of financial professionals [3]. - It is alleged that insiders and affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign [3]. - The complaint states that Jayud's public statements and risk disclosures did not mention the false rumors and artificial trading activity that influenced the stock price, rendering the company's positive statements materially misleading [3]. Group 2: Legal Process - Investors who purchased Jayud securities during the class period have until January 19, 2026, to apply to be appointed as lead plaintiff in the lawsuit [2]. - The law firm Bragar Eagel & Squire, P.C. is encouraging affected investors to contact them for more information regarding their legal rights and options [4]. Group 3: Firm Information - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in various types of litigation, including securities and commercial cases [5]. - The firm operates nationwide with offices in New York, South Carolina, and California, and handles cases in both federal and state courts [5].
JAYUD CLASS ACTION REMINDER: Bragar Eagel & Squire, P.C. Urges Jayud Stockholders to Contact the Firm Regarding Their Rights Before January 19th