**Jayud Global Logistics Faces Class Action Due to Securities Fraud After Stock Plunge**
Overview of the Class Action Against Jayud Global Logistics
On December 5, 2025, Kahn Swick & Foti, LLC (KSF) announced the initiation of a securities class action against Jayud Global Logistics Limited, appealing to investors who suffered substantial financial losses during a period of alleged fraud. The case has been registered in the United States District Court for the Southern District of New York. Investors are urged to participate, with a deadline for filing lead plaintiff applications set for January 19, 2026.
Allegations of Fraud
The lawsuit revolves around allegations that Jayud, a logistics company traded on the Nasdaq under the symbol JYD, engaged in deceptive practices that misled investors about its financial health and stock performance. Specifically, the lawsuit highlights several critical points:
1. Pump-and-Dump Scheme: It alleges that Jayud was part of a fraudulent
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