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CDNL Investor Reminder: BFA Law Reminds Cardinal Infrastructure Investors that Lost Money when Stock Dropped 36% of the Ongoing Securities Fraud Investigation

$CDNLPress releaseOct 7, 2026, 6:18 AM ETRead the release

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 release recaps an August 11, 2026 stock drop of over 36% (from $60.00 to $38.27) after Q2 adjusted EBITDA margin of 12.4% fell far short of the 20%+ guidance.

Key figures

Prior close
60
Stock drop pct
36%
Post drop close
38.27
Stock drop date
2026-08-11
Price decline usd
$21.73
Adjusted ebitda margin
12.4%

AI analysis

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