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News  ›  GlobeNewswire Inc.

Portnoy Law Firm Announces Class Action on Behalf of Jayud Global Logistics Limited Investors

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Portnoy Law Firm
Portnoy Law Firm Announces Class Action on Behalf of Jayud Global Logistics Limited Investors

The Portnoy Law Firm has announced a class action lawsuit on behalf of investors in Jayud Global Logistics Limited (NASDAQ: JYD) who purchased securities between April 21, 2023 and April 30, 2025. The lawsuit alleges that defendants made misrepresentations about the company's business and engaged in a 'pump-and-dump' scheme using impersonators to promote the stock with false claims on social media and online forums to artificially inflate investor interest.

Insights
MRNA   neutral

Briefly mentioned as a potential combination partner for cell therapy, with no specific details about performance or collaboration


JYD   negative

The company is the subject of a class action lawsuit alleging fraudulent misrepresentations and participation in an illegal pump-and-dump promotion scheme involving false claims to manipulate retail investors, indicating serious corporate wrongdoing and potential investor losses.