Scott+Scott Attorneys at Law LLP Alerts Investors of Its Investigation Into Cardinal Infrastructure Group Inc. (NASDAQ: CDNL)

Scott+Scott Attorneys at Law LLP Alerts Investors of Its Investigation Into Cardinal Infrastructure Group Inc. (NASDAQ: CDNL)

Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, alerts investors that it is investigating potential violations of U.S. federal securities laws involving Cardinal Infrastructure Group Inc. (NASDAQ: CDNL).

CLICK HERE TO RECEIVE ADDITIONAL INFORMATION ABOUT THIS POTENTIAL CLASS ACTION

What is Cardinal Infrastructure?

Cardinal Infrastructure is a North Carolina-based infrastructure construction company specializing in underground utility installation, site preparation, grading, and road construction for residential, commercial, industrial, and municipal projects.

Why did Cardinal Infrastructure’s stock drop?

On August 11, 2026, Cardinal Infrastructure reported second quarter 2026 financial results, revealing that its gross profit margin for the quarter was 10.8%, down from 13.9% in the second quarter of 2025. Cardinal Infrastructure further disclosed that its “[a]djusted gross profit margin was impacted by increased subcontracted labor and equipment rental costs in certain developing markets, reflecting both customer demand and an intentional shift toward a more diversified, less residential-weighted project mix.” On this news, the price of Cardinal Infrastructure stock fell more than 36%.

Are you a potential class member eligible to recover?

If you invested in Cardinal Infrastructure securities, you may have legal options and are encouraged to submit your information to the Firm.

If you have purchased Cardinal Infrastructure common stock, and have suffered a loss, realized or unrealized, and you wish to discuss this investigation, please contact attorney Mandeep S. Minhas at (888) 398-9312 or at mminhas@scott-scott.com.

CLICK HERE TO FIND OUT IF YOU CAN RECOVER YOUR LOSSES

About Scott+Scott

Scott+Scott is an international law firm known for its expertise in representing corporate clients, institutional investors, businesses, and individuals harmed by anticompetitive conduct or other forms of wrongdoing, including securities law and shareholder violations.

With 150 attorneys plus supporting staff in eight offices in the United States as well as one office in Canada and three in Europe, our advocacy has resulted in significant monetary settlements on behalf of our clients, along with other forms of relief.

Our attorneys have been recognized across legal publications, including by Lawdragon for being among the 500 Top Financial Lawyers and the 500 Leading Global Antitrust & Competition Lawyers. In addition, we have received top rankings by WWL: Commercial Litigation, Legal 500 in Antitrust as well as Securities Litigation, Chambers, and Best Lawyers®. Our attorneys have been repeatedly recognized by the American Antitrust Institute for the successful litigation of high-stakes anticompetitive claims in the United States.

To learn more about Scott+Scott, our attorneys, or complex case resolution, please visit www.scott-scott.com.

This may be considered Attorney Advertising.

Mandeep S. Minhas
Scott+Scott Attorneys at Law LLP
230 Park Avenue, 24th Floor, New York, NY 10169
(888) 398-9312
mminhas@scott-scott.com

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