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Cardinal Infrastructure Group (NASDAQ: CDNL) shares fell another 10% as Block & Leviton said it is investigating the company for potential securities law violations. The law firm is urging investors who lost money in CDNL to contact it about recovering losses. The article lists SQ among its symbols, though the reported developments concern CDNL.
Block & Leviton Investigating Cardinal Infrastructure Group; Shares Fall Another 10%
Block & Leviton said it is investigating Cardinal Infrastructure Group (NASDAQ: CDNL) for potential securities law violations, according to a release published November 5, 2026. The announcement coincided with a further 10% decline in the company’s shares.
Investors Urged to Contact Firm
The law firm is encouraging investors who have lost money in their Cardinal Infrastructure Group investment to contact it to learn more about how they might recover those losses.
The release did not specify the nature of the potential violations under investigation or provide further details on the basis for the inquiry.
Key Details
- Company: Cardinal Infrastructure Group (NASDAQ: CDNL)
- Firm: Block & Leviton
- Subject: Investigation into potential securities law violations
- Share move: Down another 10%
- Announcement date: November 5, 2026
- Location: Boston, Massachusetts
The source material lists “SQ” among its associated symbols, though the reported developments concern CDNL.