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JAYUD GLOBAL LOGISTICS LIMITED (NASDAQ: JYD) CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action by January 20, 2026
Prnewswire· 2026-01-12 18:06
Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited for alleged securities fraud during the period from April 21, 2023, to April 30, 2025, following a significant stock price manipulation scheme [1][3]. Company Overview - Jayud Global Logistics Limited is headquartered in Shenzhen, China, and offers end-to-end supply chain solutions, including freight forwarding, supply chain management, customs brokerage, and intelligent logistics IT systems [2]. Allegations and Stock Performance - The lawsuit claims that Jayud's stock price surged from approximately $1.00 to $8.00 per share in early 2025 due to a "pump-and-dump" scheme orchestrated by insiders, leading to a subsequent collapse of about 95% on April 2, 2025, resulting in substantial investor losses [3].