Scott+Scott Attorneys at Law LLP Files Securities Class Action Against Jayud Global Logistics Limited et al (NASDAQ: JYD)

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, today announced that it has filed a class action lawsuit against Defendants Jayud Global Logistics Limited, Xiaogang Geng, Alan Tan Khim Guan, Lin Bao, Mengmeng Hu, Freidman, LLP, and Marcum Asia CPAs, LLP (collectively, the “Defendants”).

The action, which was filed in the U.S. District Court for the Southern District of New York and captioned Lindstrom v. Jayud Global Logistics Limited et al., Case No. 1:25-cv-09662, asserts claims under §§10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) on behalf of a class consisting of all persons and entities, other than Defendants and their affiliates, who purchased Jayud Securities between April 21, 2023 and April 30, 2025, inclusive (the “Class Period”), and who were damaged thereby. The lead plaintiff deadline in this action is January 20, 2026.

If you purchased Jayud Securities between April 21, 2023 and April 30, 2025, inclusive, and have suffered significant losses, realized or unrealized, you are encouraged to contact Scott+Scott attorney Mollie Chadwick at [phone], or via email at [e-mail], for more information.

LEAD PLAINTIFF DEADLINE ON JANUARY 20, 2026

Jayud is a logistics company that provides a range of worldwide cross-border supply chain solution services. Specifically, freight forwarding services, such as integrated cross-border logistics, fragmented logistics services, and chartered airline freight services. Also, supply chain management services, such as international trading and agent services; and other value-added services comprising custom brokerage and intelligent logistic IT systems are advertised on their website.

The complaint alleges that Defendants violated provisions of the Securities Act by making materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations, and the true nature of the trading activity in its securities. The complaint alleges that Defendants were uniquely situated to orchestrate a pump-and-dump scheme on its class A ordinary shares. After Plaintiffs and class members purchased Jayud securities, the complaint alleges that Jayud filed a Form 20-F with the SEC detailing the risks related to its Class A Ordinary Shares.

LEAD PLAINTIFF DEADLINE ON JANUARY 20, 2026

The lead plaintiff deadline in this action is January 20, 2026. If you wish to serve as lead plaintiff, you must move the Court no later than January 20, 2026. Any member of the proposed class may move the Court to serve as lead plaintiff through counsel of their choice or may choose to do nothing and remain a member of the proposed class.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Plaintiffs’ counsel, Mollie Chadwick at [phone], or via email at [e-mail].

About Scott+Scott Attorneys at Law LLP

Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States and is actively litigating several cryptocurrency cases. The firm represents pension funds, foundations, individuals, and other entities worldwide, with offices in New York, London, Amsterdam, Connecticut, California, Ohio, Texas, Arizona, and Virginia.