In a dramatic turn of events, Jayud Global Logistics Ltd. is facing a class action lawsuit that could have significant implications for its shareholders. The lawsuit, targeting the logistics giant, accuses the company of engaging in a deceptive stock promotion scheme that allegedly misled investors and artificially inflated stock prices between April 21, 2023, and April 30, 2025.
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The complaint suggests that Jayud Global Logistics was at the center of a fraudulent campaign, leveraging social media misinformation and impersonating financial experts to manipulate stock prices. It is alleged that insiders and affiliates utilized offshore accounts to dump shares strategically during this period of inflated prices. Furthermore, the company’s public statements and risk disclosures reportedly failed to address these manipulative activities, painting a misleading picture of its business operations and future prospects.
For those who have incurred losses during the specified timeframe, there is an opportunity to seek recovery. Affected shareholders are encouraged to visit the provided link to understand their rights and explore potential compensation avenues. Participation in this legal action comes with no financial obligation.
The legal proceedings are being handled by the esteemed firm Levi & Korsinsky, known for its prowess in securities litigation. With a robust track record of securing substantial recoveries for shareholders, the firm brings its extensive expertise and a dedicated team to this high-stakes case.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171