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 was involved in a fraudulent stock promotion scheme characterized as a "pump-and-dump," utilizing misinformation on social media and impersonation of financial professionals [4]. - It is alleged that insiders or affiliates used offshore or nominee accounts to facilitate the coordinated selling 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, leading to materially misleading statements about Jayud's business and prospects [4]. Group 2: Legal Process and Participation - 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 20, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [5]. Group 3: Law Firm Background - Kahn Swick & Foti, LLC, the law firm handling the case, is recognized as one of the leading 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 clientele, including public and private institutional investors, as well as retail investors, in seeking recoveries for investment losses due to corporate fraud [5].
Jayud Global Logistics Ltd. Notice of January 20, 2026 Application Deadline for Class Action Lawsuit- Contact Lewis Kahn, Esq.