NEW YORK, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds Jayud Global Logistics Limited (“Jayud” or the “Company”) (NASDAQ: JYD) investors of the January 20, 2026 deadline to seek the role of lead plaintiff in a pending federal securities class action.
If you purchased or otherwise acquired Jayud securities, have information, or would like to learn more, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the form below, to discuss your rights or interests.
[CONTACT THE FIRM IF YOU SUFFERED A LOSS]
What Is The Lawsuit About?
The lawsuit has been filed on behalf of investors who purchased securities during the period of April 21, 2023 through April 30, 2025, inclusive (“the Class Period”). The lawsuit alleges Jayud failed to disclose to investors: (1) that Jayud was the subject of a fraudulent stock promotion scheme involving social media-based misinformation and impersonated financial professionals; (2) that insiders and/or affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign; and (3) that Jayud’s public statements and risk disclosures omitted any mention of the false rumors and artificial trading activity driving the stock price.
In April 2023, Jayud went public via initial public offering (“IPO”). The IPO was low-float, offering just 1.25 million shares to the public, less than 5% of total outstanding equity, while maintaining overwhelming insider control through Class B super voting shares and offshore holding entities.
Jayud stock then surged from roughly $1.00 to an all-time high of $7.97 per share on April 1, 2025, reaching a market capitalization of roughly $720 million on that date, despite no fundamental news from the Company.
On April 1, 2025, after market hours, Jayud’s stock price abruptly fell 95.6%, or $7.62 per share, to close at $0.35 per share on April 2, 2025.
Investigations and public reports have since revealed that Jayud was used a primary vehicle for an illicit “pump-and-dump” promotion scheme. The structure of Jayud’s public listing and float allegedly made the scam possible.
[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]
What Should I Do?
If you purchased or otherwise acquired Jayud securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
[WHAT IS A SECURITIES CLASS ACTION?]
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.
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Contacts
Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
investigations@kmllp.com
