◆ NeutralCDNL

Cardinal Infrastructure Group Investigated by the Portnoy Law Firm

GlobeNewswire Inc.·
Cardinal Infrastructure Group Investigated by the Portnoy Law Firm

The Portnoy Law Firm has initiated an investigation into possible securities fraud at Cardinal Infrastructure Group (NASDAQ: CDNL) and may file a class action lawsuit on behalf of investors. The investigation follows Cardinal's August 11, 2026 earnings report, which revealed a significant decline in gross profit margin to 10.8% from 13.9% year-over-year, attributed to increased subcontracted labor and equipment rental costs. The stock subsequently fell more than 36%.

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