Economy & Markets
11 min read
Jayud Global Logistics (JYD) Investors: Deadline Nears for Securities Fraud Lawsuit
Business Wire
January 19, 2026•3 days ago

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Jayud Global Logistics Limited (JYD) shareholders who lost money are urged to contact The Law Offices of Frank R. Cruz. A securities fraud class action lawsuit alleges the company was involved in a "pump-and-dump" scheme. Investors who acquired JYD securities between April 21, 2023, and April 30, 2025, have until January 20, 2026, to become a lead plaintiff.
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming January 20, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Jayud Global Logistics Limited (“Jayud” or the “Company”) (NASDAQ: JYD) securities between April 21, 2023 and April 30, 2025, inclusive (the “Class Period”).
IF YOU ARE AN INVESTOR WHO LOST MONEY ON JAYUD GLOBAL LOGISTICS LIMITED (JYD), CLICK HERE TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT.
What Happened?
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 as 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.
What Is the Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants 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; (3) that Jayud's public statements and risk disclosures omitted any mention of the false rumors and artificial trading activity driving the stock price; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you purchased or otherwise acquired Jayud securities between April 21, 2023 and April 30, 2025, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is January 20, 2026.
Contact Us to Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us:
Frank R. Cruz
The Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Century City, California 90067
Email us at: info@frankcruzlaw.com
Call us at: 310-914-5007
Visit our website at www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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