Jayud Global Logistics Faces Wave of Securities Class Actions Over Alleged Social-Media Pump-and-Dump

Overview

• New filings and notices from Bronstein Gewirtz & Grossman, Bernstein Liebhard, Berger Montague, The Schall Law Firm, and Portnoy Law Firm target Jayud Global Logistics and certain officers.
• Complaints contend the stock was touted through misinformation by impersonated financial professionals on social platforms to drive retail buying.
• Plaintiffs allege insiders or affiliates coordinated share dumping using offshore or nominee accounts after inflating the price.
• The putative class covers purchases between April 21, 2023 and April 30, 2025 with claims under Sections 10(b) and 20(a) and SEC Rule 10b-5.
• One complaint describes an alleged surge from about $1 to near $8 followed by an approximate 95% drop on April 2, 2025, with all allegations unproven and class certification not yet granted.