Case Summary
Jayud
NASDAQ: JYD
Case Details
- Lindstrom v. Jayud Global Logistics Limited et al.
- Class Period:April 21, 2023 - April 30, 2025
- Date Filed:November 19, 2025
- Jurisdiction:U.S. District Court, Southern District of New York
- Docket Number: 1:25-cv-09662
- Lead Plaintiff Deadline: January 20, 2026
Seek Plaintiff 13
Overview
A class action lawsuit has been filed against Jayud Global Logistics Ltd. (“Jayud” or the “Company”) and certain of the Company’s former senior executive officers alleging violations of the federal securities laws. The company’s common stock trades on the NASDAQ exchange under the symbol “JYD.”
The Jayud class action lawsuit was brought on behalf of all persons and entities who purchased or otherwise acquired Jayud securities between April 21, 2023, and April 30, 2025, both dates inclusive, (the “Class Period”).
The lawsuit alleges that Jayud Global Logistics Limited and its executives misled investors about the company’s business, operations, and the true nature of the trading activity in its stock during a period of extreme and artificial price volatility. Jayud, a Cayman Islands–incorporated holding company headquartered in Shenzhen, China, claims to provide worldwide cross-border supply chain solutions, including freight forwarding, logistics, supply chain management, customs brokerage, and related IT systems.
According to the lawsuit, Jayud’s stock experienced a dramatic and unjustified price surge in the weeks leading up to April 2025, rising from roughly $1.00 to nearly $8.00 per share despite no fundamental developments to support such an increase. Public reports later revealed that the stock was being artificially inflated through an illicit “pump-and-dump” scheme. The scheme allegedly involved impersonators promoting Jayud in online forums, chat groups, and social media with sensational and false claims designed to spur retail investor demand.
The run-up was short-lived. On April 2, 2025, Jayud’s stock collapsed by approximately 95 percent, falling below $1.00 per share. In the aftermath, the company conducted multiple reverse stock splits in an effort to maintain NASDAQ listing compliance.
Throughout the class period, defendants allegedly made materially false and misleading statements and failed to disclose critical facts, including that Jayud was the subject of a fraudulent stock promotion scheme fueled by misinformation and impersonated financial professionals; that insiders or affiliates used offshore or nominee accounts to unload shares during the price inflation campaign; that the company’s public filings failed to mention the rumors, manipulation, and artificial trading activity driving the stock; and that, as a result, Jayud’s positive statements about its business and prospects lacked a reasonable basis.
The lawsuit contends that, because of these omissions and misrepresentations, investors were misled into purchasing Jayud stock at artificially inflated prices and suffered significant losses when the truth emerged and the stock collapsed.
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If you purchased or otherwise acquired Jayud securities between April 21, 2023, and April 30, 2025, (the “Class Period”), you may be eligible to serve as lead plaintiff in this lawsuit. If you invested in Jayud securities and wish to seek appointment as lead plaintiff, we encourage you to contact DiCello Levitt LLP by submitting your information through the form on this page.
You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at investors@dicellolevitt.com.
The deadline to apply to the Court to serve as lead plaintiff in the Jayud class action lawsuit is January 20, 2026.