Jayud Faces Federal Securities Class Action Over Alleged Social‑Media Pump‑and‑Dump

Overview

• The suit, filed in the Southern District of New York, covers purchases of Jayud Global Logistics securities from April 21, 2023 through April 30, 2025.
• Complaints allege the stock was promoted through misinformation on social media and impersonated financial professionals, followed by coordinated share dumping via offshore or nominee accounts.
• Plaintiffs claim Jayud made false or misleading statements and omitted key facts about its business, risk disclosures, and the nature of trading in its securities, asserting violations of Sections 10(b) and 20(a) and Rule 10b‑5.
• Rosen Law Firm, Wolf Haldenstein, and DJS Law Group have issued notices inviting affected investors to contact them and to consider moving for lead‑plaintiff roles.
• No class has been certified, and investors do not have counsel in the case unless they retain one or a class is later certified.