GlobeNewswire·Aug 12, 2026, 10:58 AM ET

CDNL INVESTIGATION: Cardinal Infrastructure Investigated for Securities Fraud by Block & Leviton; Investors Should Contact the Firm to Possibly Recover Losses

Block & Leviton is investigating Cardinal Infrastructure (NASDAQ: CDNL) for potential federal securities law violations.
On August 11, 2026, Cardinal disclosed a collapse in its adjusted EBITDA margin to 12.4% from 18.6% a year earlier.
The company cut its full-year adjusted EBITDA margin guidance to 16–18% from a prior expectation of greater than 20%.
Cardinal's stock fell roughly 34% following the disclosure, which occurred shortly after a June 2026 follow-on equity offering.
Investors who purchased Cardinal common stock & saw their shares decline may be eligible to recover losses, regardless of whether they have sold their investment.
Block & Leviton may file an action to recover losses on behalf of affected investors.
Potential whistleblowers with non-public information can report to the SEC for rewards up to 30% of any successful recovery.
Interested parties can contact Block & Leviton via email at shareholders@blockleviton.com, phone at (888) 256-2510, or through their case website.