CDNL Securities Losses: Cardinal Infrastructure Investors with Losses on their Investment are Reminded to Contact BFA Law about the Ongoing Securities Fraud Investigation
Bleichmar Fonti & Auld LLP (BFA Law) announced an investigation into Cardinal Infrastructure Group (NASDAQ: CDNL) for potential securities fraud relating to the company's statements about the performance of its A.L. Grading Contractors acquisition. The probe follows Cardinal's Q2 2026 report on August 11, 2026, in which adjusted EBITDA margin of 12.4% came in far below the 20%+ margin investors had been told to expect; the stock fell $21.73, or over 36%, from $60.00 to $38.27 in one session.
Key figures
- Stock drop pct
- over 36%
- Stock drop usd
- 21.73
- Close aug 10 2026
- 60
- Close aug 11 2026
- 38.27
- Guided ebitda margin
- 20%+
- Adjusted ebitda margin q2 2026
- 12.4%
AI analysis
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