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]. - Allegations include a stock price surge from approximately $1.00 to $8.00 per share in early April 2025, without any fundamental news to justify the increase [3]. - The complaint claims that the price spike was driven by a fraudulent promotion campaign, including social media manipulation and insider selling, followed by a dramatic stock collapse of about 95% on April 2, 2025 [3]. Group 2: Company Information - Jayud Global Logistics Limited is based in Shenzhen, China, and provides cross-border logistics services [2]. - The company is publicly traded on NASDAQ under the ticker symbol JYD [1].
DEADLINE APPROACHING: Berger Montague Advises Jayud Global Logistics Limited (JYD) Investors to Inquire About a Securities Fraud Class Action by January 20, 2026