Logistics Services
Search documents
Have You Incurred Financial Losses Due to Jayud Global Logistics Limited Stock Drop? Contact Robbins LLP for Information About the Action You Can Take Against JYD.
Businesswire· 2025-12-19 19:47
Core Viewpoint - A class action has been filed against Jayud Global Logistics Limited, alleging involvement in a fraudulent stock promotion scheme during the class period from April 21, 2023, to April 30, 2025 [1][3]. Company Overview - Jayud Global Logistics Limited (NASDAQ: JYD) claims to provide a range of worldwide cross-border supply chain solution services [2]. Allegations - The complaint states that Jayud failed to disclose key information, including: 1. The company was involved in a fraudulent stock promotion scheme utilizing social media misinformation and impersonated financial professionals [4]. 2. Insiders and/or affiliates allegedly used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign [4]. 3. Jayud's public statements and risk disclosures did not mention the false rumors and artificial trading activity affecting the stock price [4]. Stock Price Movement - In the weeks leading up to April 2025, Jayud's share price increased from approximately $1.00 to an all-time high of around $8.00 per share, despite a lack of fundamental news to justify this increase [5]. - Investigations revealed that Jayud was a primary vehicle for an illicit "pump-and-dump" promotion scheme, with impersonators promoting the stock in online forums and social media [5]. Class Action Participation - Shareholders may be eligible to participate in the class action against Jayud Global Logistics Limited, with a deadline for lead plaintiff applications set for January 20, 2026 [6]. - Shareholders do not need to participate in the case to be eligible for recovery and can remain absent class members if they choose [6].
Record-breaking CIIE 2025 Achievements Signal Global Momentum
Globenewswire· 2025-12-18 17:52
Core Insights - The eighth China International Import Expo (CIIE) concluded with record attendance and purchase deals, reflecting China's commitment to openness and its growing global influence [1][7] - The expo attracted 922,000 visits, marking an 8.2% increase from the previous year, and intended one-year purchase deals reached $83.49 billion, up 4.4% year-on-year [1] Group 1: Exhibitor Participation and Innovations - The expo featured 4,108 exhibitors from 138 countries and regions, the broadest participation to date, indicating strong global interest in China's market [1] - The CIIE-HEALTH section showcased innovations like Medtronic's commercial products that have real-world impacts on patients, alongside immersive technologies such as XR headsets and robotic arms [3] - The CIIE-NOVA section highlighted collaborations between startups and industry giants, providing technology resources and market-access opportunities [4] Group 2: Service Sector Engagement - The CIIE-SERVICES section attracted major service firms like DHL and Standard Chartered, which offered integrated finance, logistics, and digital solutions to connect exhibits with global supply chains [5] Group 3: Diverse Industry Representation - The expo served as a platform for various industries, including lifestyle, food, and mobility, with notable displays such as LEGO's Lunar New Year set and Tesla's Cybercab [6] - New Zealand kiwifruit brand Zespri emphasized the importance of the Chinese market, calling it "an indispensable overseas market" [6] Group 4: Future Outlook - Preparations for CIIE 2026 are underway, with over 80,000 square meters of exhibition space reserved, indicating high expectations for future growth and engagement [7]
Shareholders who lost money in shares of Jayud Global Logistics Limited (NASDAQ: JYD) Should Contact Wolf Haldenstein Immediately
Globenewswire· 2025-12-15 16:22
Core Viewpoint - A federal securities class action has been filed against Jayud Global Logistics Limited, alleging misleading statements and a "pump-and-dump" scheme involving its Class A ordinary shares during the class period from April 21, 2023, to April 30, 2025 [1][2]. Group 1: Legal Action Details - The class action was filed in the United States District Court for the Southern District of New York [1]. - Investors have until January 20, 2026, to seek appointment as lead plaintiff in the case [3]. Group 2: Allegations Against Jayud - The complaint alleges that Jayud and other defendants made materially false or misleading statements and failed to disclose adverse facts [2]. - The defendants are accused of orchestrating a "pump-and-dump" scheme, suggesting they were "uniquely situated" to engineer this activity involving Jayud's shares [2]. Group 3: Law Firm Background - Wolf Haldenstein Adler Freeman & Herz LLP, founded in 1888, has over 125 years of experience in securities litigation and aims to protect the rights of investors who have suffered financial harm [3].
Deadline Alert: Jayud Global Logistics Limited (JYD) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2025-12-12 23:23
Core Viewpoint - Jayud Global Logistics Limited is facing a class action lawsuit due to allegations of misleading statements and involvement in a fraudulent stock promotion scheme during its Class Period from April 21, 2023, to April 30, 2025 [1][5]. Group 1: Company Overview - Jayud went public through an initial public offering (IPO) in April 2023, offering only 1.25 million shares, which is less than 5% of its total outstanding equity, while maintaining significant insider control [2]. - The stock price of Jayud surged from approximately $1.00 to an all-time high of $7.97 per share on April 1, 2025, resulting in a market capitalization of around $720 million, despite the absence of any fundamental news [3]. Group 2: Allegations and Lawsuit Details - The lawsuit alleges that during the Class Period, the defendants made materially false and misleading statements and failed to disclose adverse facts about the company's operations and prospects [5]. - Specific allegations include the company's involvement in a fraudulent stock promotion scheme that utilized social media misinformation and impersonated financial professionals, as well as insider trading through offshore accounts [5]. - The lawsuit claims that Jayud's public statements omitted critical information regarding false rumors and artificial trading activity that inflated the stock price, rendering the defendants' positive statements misleading [5]. Group 3: Legal Proceedings - Investors who purchased Jayud securities during the Class Period have until January 20, 2026, to file a lead plaintiff motion in the class action lawsuit [1][6].
JYD: Kirby McInerney LLP Advises Jayud Global Logistics Limited Investors of Class Action Lawsuit
Globenewswire· 2025-12-12 23:00
Core Viewpoint - Jayud Global Logistics Limited is facing a class action lawsuit for securities fraud, alleging undisclosed fraudulent activities and manipulation of stock prices during a specific period [3][5][6]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Jayud securities from April 21, 2023, to April 30, 2025, alleging that the company failed to disclose involvement in a fraudulent stock promotion scheme [3]. - Allegations include the use of social media misinformation, insider trading through offshore accounts, and omission of critical information regarding false rumors and artificial trading activity [3][5]. - The company went public in April 2023 with a low-float IPO, offering only 1.25 million shares, which constituted less than 5% of total outstanding equity [4]. Group 2: Stock Performance - Jayud's stock price increased from approximately $1.00 to a peak of $7.97 per share by April 1, 2025, resulting in a market capitalization of around $720 million, despite no fundamental news [5]. - Following this peak, the stock price plummeted by 95.6%, closing at $0.35 per share on April 2, 2025, after the abrupt decline [5]. Group 3: Investigation Findings - Investigations have indicated that Jayud was a primary vehicle for a "pump-and-dump" scheme, facilitated by its public listing structure and low float [6].
Jayud Global Logistics Limited (JYD) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-12-12 03:52
Core Viewpoint - Investors in Jayud Global Logistics Limited have the opportunity to lead a securities fraud class action lawsuit due to alleged misleading statements and undisclosed adverse facts about the company's operations and prospects [1][2]. Summary by Sections Lawsuit Details - The class action lawsuit alleges that during the Class Period, the defendants made materially false and misleading statements and failed to disclose significant adverse facts about Jayud's business [2]. - Specific allegations include: 1. Jayud was involved in a fraudulent stock promotion scheme utilizing social media misinformation and impersonation of financial professionals [2]. 2. Insiders and affiliates allegedly used offshore or nominee accounts to facilitate coordinated share dumping during a price inflation campaign [2]. 3. The company's public statements and risk disclosures did not mention false rumors and artificial trading activity affecting stock prices [2]. 4. As a result, the defendants' positive statements regarding the company's business lacked a reasonable basis and were materially misleading [2]. Participation Information - Investors who suffered losses in Jayud Global Logistics Limited are encouraged to participate in the ongoing securities fraud lawsuit before the lead plaintiff deadline of January 20, 2026 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to participate in the class action [3][4].
Bronstein, Gewirtz & Grossman LLC Urges Jayud Global Logistics Ltd. Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2025-12-11 17:00
Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Ltd. and certain officers for alleged violations of federal securities laws during the Class Period from April 21, 2023, to April 30, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Jayud securities during the specified Class Period [2]. - The Complaint alleges that Defendants made materially false and misleading statements and failed to disclose adverse facts about the Company's business and operations [3]. - Specific allegations include involvement in a fraudulent stock promotion scheme, use of offshore accounts for share dumping, omission of false rumors affecting stock price, and misleading positive statements about the Company's prospects [3]. Group 2: Next Steps for Investors - Investors wishing to join the lawsuit can review the Complaint on the law firm's website and must request to be appointed as lead plaintiff by January 19, 2026 [4]. - Participation in any recovery does not require serving as lead plaintiff [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - The firm has a strong track record, having recovered hundreds of millions of dollars for investors in securities fraud cases [6].
Can Descartes Systems (DSGX) Run Higher on Rising Earnings Estimates?
ZACKS· 2025-12-10 18:21
Core Viewpoint - Descartes Systems (DSGX) shows potential as a strong investment opportunity due to significant upward revisions in earnings estimates, indicating an improving earnings outlook and potential for continued stock price appreciation [1][2]. Current-Quarter Estimate Revisions - For the current quarter, Descartes Systems is projected to earn $0.55 per share, reflecting a year-over-year increase of +27.9% [6]. - Over the past 30 days, two earnings estimates have been revised upward, with no negative revisions, leading to a 6.86% increase in the Zacks Consensus Estimate [6]. Current-Year Estimate Revisions - For the full year, the expected earnings per share is $1.99, representing a year-over-year growth of +21.3% [7]. - Similar to the current quarter, two estimates have been raised in the last month with no negative revisions, resulting in a 10.28% increase in the consensus estimate [8]. Favorable Zacks Rank - The positive revisions in earnings estimates have earned Descartes Systems a Zacks Rank of 2 (Buy), indicating strong investment potential [9]. - Stocks rated Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [9]. Bottom Line - The strong estimate revisions have led to a 10.5% increase in the stock price over the past four weeks, suggesting further upside potential for investors [10].
ATTENTION NASDAQ: JYD INVESTORS: Contact Berger Montague About a Jayud Global Logistics Limited Class Action Lawsuit
Prnewswire· 2025-12-10 17:51
Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited for allegedly engaging in a fraudulent "pump-and-dump" scheme that led to significant stock price manipulation and investor losses during the specified Class Period [1][3]. Company Overview - Jayud Global Logistics Limited, headquartered in Shenzhen, China, offers global cross-border supply chain solutions, including freight forwarding, supply chain management, customs brokerage, and logistics IT systems [2]. Stock Performance and Allegations - During the Class Period from April 21, 2023, to April 30, 2025, Jayud's stock price surged from approximately $1.00 to an all-time high near $8.00, despite a lack of fundamental business news [3]. - The lawsuit claims that this price increase was artificially driven by insiders or affiliates coordinating share dumping through offshore or nominee accounts, culminating in a stock collapse of about 95% on April 2, 2025 [3].
Law Offices of Frank R. Cruz Encourages Jayud Global Logistics Limited (JYD) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2025-12-10 17:05
Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited for alleged securities fraud during the class period from April 21, 2023, to April 30, 2025, with a deadline for lead plaintiff motions set for January 20, 2026 [1]. Group 1: Company Overview - Jayud Global Logistics Limited went public through an initial public offering (IPO) in April 2023, offering only 1.25 million shares, which is less than 5% of its total outstanding equity, while maintaining significant insider control through Class B super voting shares [3]. - The stock price of Jayud surged from approximately $1.00 to an all-time high of $7.97 per share by April 1, 2025, resulting in a market capitalization of around $720 million, despite the absence of any fundamental news from the company [4]. Group 2: Allegations and Investigations - Investigations have indicated that Jayud was allegedly involved in a "pump-and-dump" scheme, facilitated by its public listing structure and low float, which allowed for the manipulation of stock prices [5]. - The lawsuit claims that during the class period, the defendants made materially false and misleading statements and failed to disclose critical adverse facts about the company's operations and prospects, including involvement in a fraudulent stock promotion scheme and the use of offshore accounts for share dumping [6].