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ConstructConnect Appoints Gaurav Singal as Chief Technology Officer.
ByAinvest
Monday, Oct 13, 2025 8:21 am ET1min read
ConstructConnect, a leading provider of software solutions for the construction industry, has appointed Gaurav Singal as Chief Technology Officer (CTO). Singal joins ConstructConnect from Cantaloupe, where he led the company's transformation into a global leader in unattended retail technology. He will lead Product Development, IT, Security, Quality Assurance and Development Operations. Singal has a background in digital transformation and has experience in scaling SaaS platforms and introducing AI-powered innovations.
ConstructConnect, a leading provider of software solutions for the construction industry, has appointed Gaurav Singal as Chief Technology Officer (CTO). Singal joins ConstructConnect from Cantaloupe, where he led the company's transformation into a global leader in unattended retail technology. He will lead Product Development, IT, Security, Quality Assurance, and Development Operations. Singal has a background in digital transformation and experience in scaling SaaS platforms and introducing AI-powered innovations .Meanwhile, CTO Realty Growth, Inc. (NYSE: CTO) is facing a securities class action lawsuit. Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against CTO and its executives. The firm alleges that the company violated federal securities laws by making false and/or misleading statements and failing to disclose that CTO's dividends were less sustainable than stated, and that the company used deceptive practices to inflate its AFFO and overstate the true profitability of its Ashford Lane property [1].
On June 25, 2025, Wolfpack Research published a report comparing CTO unfavorably to B. Riley, a financial services company that recently lost more than 90% of its value. The report accused CTO of not generating enough cash to pay its recurring capex and cover its dividends since converting to a REIT in 2021, and relying on dilution to cover a $38 million dividend shortfall. CTO's stock price fell $0.98 per share, or 5.42%, to close at $17.10 per share on June 25, 2025 [1].
Investors have until October 7, 2025, to seek the role of lead plaintiff in the federal securities class action. Any member of the putative class may move the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Faruqi & Faruqi encourages anyone with information regarding CTO’s conduct to contact the firm [1].
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