INVESTOR ALERT: Securities Class Action Filed Against Badger Meter, Inc. – Investors Encouraged to Contact Kirby McInerney LLP
The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Badger Meter, Inc. (“Badger Meter” or the “Company”) (NYSE:BMI) securities during the period of April 18, 2024 through April 16, 2026, inclusive (“the Class Period”).
If you suffered a loss on your Badger Meter investments, you have until August 3, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitted after this deadline. If you choose to take no action, you may remain an absent class member. For more information about the lawsuit:
[CONTACT THE FIRM IF YOU SUFFERED A LOSS]
What Is This Lawsuit About? The lawsuit alleges that Badger Meter’s financial results were at least partially attributable to the Company’s practice of pulling forward customer orders to recognize revenue early, which concealed weakening demand and deteriorating near-term order trends. This practice also depleted revenue otherwise available for future periods, ultimately causing the disappointing financial results the Company later reported. However, the Company had previously told investors that Badger Meter’s financial results reflected “ongoing favorable industry trends,” “secular growth drivers,” and “solid operating execution.” They likewise touted “strong” demand and said they were seeing “robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth,” and that Badger Meter possessed a “long runway” for growth.
