Robbins LLP Alerts Shareholders of Class Action Against Jayud Global Logistics Limited
Class Action Lawsuit Alert: Robbins LLP vs Jayud Global Logistics Limited
In recent news, Robbins LLP has alerted investors regarding a significant class action lawsuit aimed at Jayud Global Logistics Limited, particularly concerning transactions occurring between April 21, 2023, and April 30, 2025. This legal action has been initiated on behalf of all individuals who purchased or acquired securities of Jayud Global Logistics during this period. The class action arises amid allegations that the company has been involved in deceptive promotional practices and stock manipulation schemes.
Allegations Against Jayud Global Logistics
The crux of the allegations suggests that Jayud Global (NASDAQ: JYD) misled investors by failing to disclose crucial information. According to the filed complaint, the defendants are accused of participating in a fraudulent stock promotion scheme via social media, spreading misinformation and impersonating financial advisors to create hype surrounding their stock. This alleged scheme involved several deceptive practices, leading to significant price inflation between April 2023 and April 2025.
Critics assert that despite no substantial news from the company to justify these surges, Jayud's stock price saw an incredible escalation from about $1.00 per share to an astonishing peak of around $8.00 per share. Investigations indicate that Jayud may have orchestrated a