Jayud Global Logistics Faces Securities Class Action in New York

Reuters01-26
Jayud Global Logistics Faces Securities Class Action in New York

Jayud Global Logistics Ltd. is facing a putative securities class action lawsuit filed in the United States District Court for the Southern District of New York. The case, brought on behalf of a class of investors, alleges that the company, along with certain directors, officers, and its audit firm, made misstatements and omissions in filings with the U.S. Securities and Exchange Commission. The lawsuit claims violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5. Jayud Global Logistics has stated its intention to vigorously defend against the claims, but acknowledges that any adverse outcome could have a significant impact on its business, financial condition, and reputation. The company also notes that the litigation process may be costly and could divert management's attention from daily operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jayud Global Logistics Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-007295), on January 23, 2026, and is solely responsible for the information contained therein.

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