Jayud Global Logistics Limited Class Action Overview
Investors and shareholders of Jayud Global Logistics Limited (NASDAQ: JYD) have an opportunity to lead a class action lawsuit regarding alleged securities fraud, according to an announcement by Glancy Prongay & Murray LLP. For those who have suffered financial losses linked to their investments in Jayud, there’s a crucial deadline to note: January 20, 2026. Those affected are encouraged to act before this date to be part of this pivotal legal action.
Allegations Against Jayud
The lawsuit encompasses claims that, during the period from April 21, 2023, until April 30, 2025, the defendants failed to inform investors about significant information affecting the company's stock and operations. The core allegations include:
1.
Fraudulent Promotion Scheme: It is claimed that Jayud was involved in a deceptive stock promotion scheme that utilized social media to spread misinformation while impersonating financial professionals.
2.
Coordinated Share Dumping: Insiders and affiliates allegedly took advantage of offshore accounts to orchestrate a plan to liquidate shares amid an artificially inflated market.
3.
Omission of Critical Information: The complaint asserts that Jayud's public statements, as well as risk disclosures, omitted critical mentions of false rumors and unusual trading activities that inflated the stock price.
4.
Misleading Statements: The company's assurances regarding its business performance, operations, and future prospects were reportedly misleading and lacked an adequate basis in reality.
These allegations raise concerns about the integrity of the information provided to investors, and the potential liabilities for the company and its operatives.
How to Participate
Investors interested in joining the class action lawsuit are advised to contact Glancy Prongay & Murray LLP, which is facilitating the legal proceedings. They can find more details by reaching out via the contact information provided:
- - Address: 1925 Century Park East, Suite 2100, Los Angeles, California 90067
- - Email: [email protected]
- - Phone: 310-201-9150 or Toll-Free 888-773-9224
To remain part of the class action, investors need not undertake immediate action. However, retaining a legal counsel specialized in securities fraud is advisable for those contemplating participation. As noted, staying informed is key, and potential members can follow updates through Glancy Prongay’s presence on social media platforms like LinkedIn, Twitter, and Facebook.
Legal Representation
The firm emphasizes that this press release may qualify as attorney advertising in some areas, and it's essential for potential participants to understand their rights regarding this matter. Interested individuals are urged to inquire by email, including relevant personal details such as their mailing address and number of shares purchased for better assistance.
In conclusion, those who invested in Jayud Global Logistics Limited but witnessed losses can take proactive steps to potentially reclaim their investments through proper legal avenues. The class action represents a crucial avenue for accountability and potential restitution against alleged deceptive practices within the financial markets. Stay vigilant and informed to navigate this unfolding legal landscape effectively.