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News  ›  GlobeNewswire Inc.

Shareholders who lost money in shares of Jayud Global Logistics Limited (NASDAQ : JYD) Should Contact Wolf Haldenstein Immediately

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Wolf Haldenstein Adler Freeman & Herz Llp
Shareholders who lost money in shares of Jayud Global Logistics Limited (NASDAQ : JYD) Should Contact Wolf Haldenstein Immediately

A federal securities class action lawsuit has been filed against Jayud Global Logistics Limited, alleging false statements, misleading disclosures, and a potential 'pump-and-dump' scheme involving the company's Class A ordinary shares during the period of April 21, 2023 to April 30, 2025.

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The lawsuit alleges serious misconduct including making false statements, failing to disclose adverse facts, and potentially orchestrating a fraudulent trading scheme, which suggests significant legal and financial risks for the company