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News  ›  GlobeNewswire Inc.

JYD DEADLINE ALERT: Jayud Global Logistics Investors Urged to Contact Kirby McInerney LLP About Class Action Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Kirby Mcinerney Llp
JYD DEADLINE ALERT: Jayud Global Logistics Investors Urged to Contact Kirby McInerney LLP About Class Action Lawsuit

Jayud Global Logistics Limited faces a federal securities class action lawsuit alleging the company failed to disclose involvement in a fraudulent stock promotion scheme involving social media misinformation and coordinated share dumping. The stock surged from $1.00 to $7.97 per share by April 1, 2025, then collapsed 95.6% to $0.35 per share on April 2, 2025. Investors who purchased securities between April 21, 2023 and April 30, 2025 have until January 20, 2026 to seek lead plaintiff status.

Insights
GOOGL   positive

Part of large-cap tech and communication services sector with continued AI momentum


JYD   negative

The company is accused of participating in a fraudulent pump-and-dump scheme, failing to disclose material information about stock manipulation, and using offshore accounts to facilitate coordinated share dumping. The stock experienced a catastrophic 95.6% collapse, indicating severe fraud and investor harm.