$CDNL Investigation Notification: Suffer Losses on Your Cardinal Infrastructure Investment? BFA Law Reminds Investors of the Ongoing Securities Fraud Investigation
Bleichmar Fonti & Auld LLP announced an investigation into Cardinal Infrastructure Group (NASDAQ: CDNL) for potential securities fraud tied to statements about the A.L. Grading Contractors acquisition. The stock fell $21.73, or over 36%, from $60.00 to $38.27 on August 11, 2026, after Q2 adjusted EBITDA margin of 12.4% missed the 20%+ guidance the company had given investors.
Key figures
- Prior close
- 60
- Drop per share
- $21.73
- Post drop close
- 38.27
- Stock drop date
- 2026-08-11
- Stock drop percent
- 36%
- Adjusted ebitda margin q2 2026
- 12.4%
AI analysis
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