Jayud Faces Securities Class Actions Alleging Social-Media Pump-and-Dump

Overview

• Multiple plaintiff firms, including Bronstein, Bernstein Liebhard, Berger Montague, and the Schall Law Firm, announced filings or investigations tied to Jayud Global Logistics.
• The putative class covers purchases of Jayud securities from April 21, 2023 through April 30, 2025.
• Complaints allege a promotional campaign used social media misinformation and impersonated financial professionals to fuel trading activity.
• Plaintiffs claim insiders or affiliates coordinated share sales through offshore or nominee accounts during the price run-up.
• Filings cite a surge from roughly $1 to near $8 followed by an approximately 95% drop on April 2, 2025, with lead-plaintiff motions due January 19 or 20, 2026 depending on the firm, and no court rulings or company response reported.