Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited for alleged fraudulent activities that led to significant stock price manipulation and investor losses during the specified Class Period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Jayud securities from April 21, 2023, to April 30, 2025 [1][2]. - The complaint claims that Jayud's stock price surged from approximately $1.00 to $8.00 per share in early April 2025 without any fundamental news, indicating potential manipulation [3]. - It is alleged that the stock price spike was driven by a fraudulent promotion campaign, including social media influence and impersonation of financial professionals, along with insider selling [3]. Group 2: Stock Performance and Impact - On April 2, 2025, Jayud's stock experienced a dramatic collapse of about 95%, resulting in substantial losses for investors [3]. - The lawsuit highlights the timing of the stock price increase and subsequent collapse as critical events that affected investor confidence and financial outcomes [3]. Group 3: Legal Representation - Investors who purchased Jayud securities during the Class Period have until January 20, 2026, to seek appointment as lead plaintiff representatives [2][4]. - Berger Montague, the law firm handling the case, specializes in complex civil litigation and has a strong track record in class actions [5].
CLASS ACTION REMINDER: Berger Montague Advises Jayud Global Logistics Limited (JYD) Investors to Inquire About a Securities Fraud Lawsuit by January 20, 2026