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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.