Class Action Filed Against Badger Meter for Securities Fraud
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: Globenewswire
- Class Action Initiated: Pomerantz LLP has filed a class action lawsuit against Badger Meter, alleging securities fraud and other unlawful business practices by the company and certain officers, with investors needing to apply as Lead Plaintiff by August 3, 2026, highlighting serious governance concerns.
- Earnings Miss: Badger Meter reported Q1 2026 earnings of $0.93 per share, missing consensus estimates by $0.26, and revenue of $202.03 million, falling short by $28.58 million, indicating significant performance pressure and declining market confidence.
- Sales Decline: The company disclosed a 10% year-over-year decline in utility water sales, attributed to project timing and weaker municipal customer orders, suggesting challenges in market competition that could impact future revenue growth.
- Stock Price Plunge: Following the disappointing earnings report, Badger Meter's stock price plummeted by $36.75, or 24.13%, closing at $115.54 on April 17, 2026, reflecting investor pessimism regarding the company's outlook.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy BMI?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on BMI
Wall Street analysts forecast BMI stock price to rise
7 Analyst Rating
5 Buy
1 Hold
1 Sell
Moderate Buy
Current: 138.670
Low
157.00
Averages
214.86
High
243.00
Current: 138.670
Low
157.00
Averages
214.86
High
243.00
About BMI
Badger Meter, Inc. is a manufacturer and marketer of products incorporating flow measurement, quality, control and other system solutions serving markets worldwide. Its offerings, marketed as BlueEdge, include a suite of tailorable solutions that connect water management technology, software and support services to deliver insights enabling the proactive management of water across the water cycle. Its solutions include measurement and control hardware, connectivity and communication, data visualization and software-delivered actionable insights, and ongoing support to optimize customers' operations. Its measurement and control hardware, instruments and sensors include product families, such as meters that measure the flow of water and other fluids, water quality monitoring solutions and high frequency pressure and acoustic leak detection hardware that provides real-time monitoring data. It offers a range of communication solutions including the ORION branded family of radio endpoints.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Class Action Filed Against Badger Meter for Securities Fraud
- Class Action Initiated: Pomerantz LLP has filed a class action lawsuit against Badger Meter, alleging securities fraud and other unlawful business practices by the company and certain officers, with investors needing to apply as Lead Plaintiff by August 3, 2026, highlighting serious governance concerns.
- Earnings Miss: Badger Meter reported Q1 2026 earnings of $0.93 per share, missing consensus estimates by $0.26, and revenue of $202.03 million, falling short by $28.58 million, indicating significant performance pressure and declining market confidence.
- Sales Decline: The company disclosed a 10% year-over-year decline in utility water sales, attributed to project timing and weaker municipal customer orders, suggesting challenges in market competition that could impact future revenue growth.
- Stock Price Plunge: Following the disappointing earnings report, Badger Meter's stock price plummeted by $36.75, or 24.13%, closing at $115.54 on April 17, 2026, reflecting investor pessimism regarding the company's outlook.
See More
Multiple Companies Face Class Action Lawsuits
- Badger Meter Lawsuit: Badger Meter, Inc. is accused of inflating financial performance by prematurely recognizing customer orders from April 2024 to April 2026, misleading investors about the company's true business outlook and potentially affecting future financing capabilities.
- PicS Lawsuit: PicS N.V. faces allegations of failing to disclose deficiencies in its credit evaluation procedures in its 2026 offering documents, leading to approximately R$590 million of credit exposures being misclassified, resulting in an additional R$88 million loss that undermines investor confidence in the company's financial health.
- Verra Mobility Lawsuit: Verra Mobility Corporation is accused of not disclosing the critical impact of contract renewal with Avis on its growth plans in commercial services, making its 2026 performance guidance increasingly unlikely to be met, which could adversely affect shareholder returns.
- Grail Lawsuit: Grail, Inc. is alleged to have misled investors regarding clinical trial results from 2025 to 2026 by failing to disclose potential trends in unreleased data, which could severely undermine investor confidence in the company's future prospects.
See More
Reminder for Badger Meter Shareholder Class Action
- Class Action Notice: Rosen Law Firm reminds investors who purchased Badger Meter (NYSE: BMI) common stock between April 18, 2024, and April 16, 2026, to apply as lead plaintiffs by August 3, 2026, to participate in the class action and seek compensation.
- Lawsuit Background: The lawsuit alleges that Badger Meter made materially false and misleading statements regarding its financial results, claiming they were driven by favorable industry trends and strong demand, while in reality, these results were partially due to pulling forward customer orders, masking weakening demand.
- Investor Losses: As the truth emerged, investors faced damages due to Badger Meter's financial results not accurately reflecting its market performance, leading to disappointing subsequent financial reports that undermined shareholder confidence and investment value.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, ranked No. 1 by ISS Securities Class Action Services in 2017, showcasing its expertise and successful track record in this field.
See More
Badger Meter Stock Plummets Amid Lawsuit Allegations
- Stock Price Collapse: Badger Meter's shares plummeted over 24% on April 17, 2026, losing $36.75 per share, reflecting a stark reality of a 9% year-over-year sales decline and a 10% drop in utility water revenue, severely impacting investor confidence.
- Promise vs. Reality: Despite Badger Meter's assurances of achieving 'high single-digit average revenue growth' from 2024 to early 2025, actual sales in Q1 2026 fell, revealing a significant gap between management's optimistic market demand outlook and actual performance.
- Deteriorating Profitability: The company's operating margin contracted from 22.2% to 17.4% in Q1 2026, while earnings per share (EPS) dropped from $1.30 in 2025 to $0.93, marking a 28% decline, indicating serious challenges to profitability.
- Lawsuit Allegations: The lawsuit alleges that Badger Meter's 'record' results during the reporting period were not due to genuine demand growth but rather inflated by pulling forward customer orders, leading to a depletion of future revenues and exposing investors to significant loss risks.
See More
Class Action Lawsuit Reminder Against Badger Meter, Inc.
- Class Action Notification: The Schall Law Firm reminds investors of a class action lawsuit against Badger Meter, Inc. (NYSE:BMI) for securities transactions between April 18, 2024, and April 16, 2026, urging investors to contact the firm by August 3, 2026, to participate.
- False Statement Allegations: The complaint alleges that Badger Meter made false and misleading statements regarding its financial performance, claiming it was based on 'secular growth drivers' and 'solid operating execution,' while in reality, it relied on pulling forward customer orders to recognize revenue prematurely.
- Market Reaction Impact: When the market learned the truth about Badger Meter's performance, investors suffered damages, indicating that the company's public statements were false and materially misleading throughout the class period, likely leading to a decline in stock price.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and encourages affected shareholders to reach out to discuss their rights, demonstrating the firm's commitment to protecting investor interests.
See More
Badger Meter Shareholder Class Action Notice
- Class Action Notice: Rosen Law Firm reminds investors who purchased Badger Meter stock between April 18, 2024, and April 16, 2026, to apply as lead plaintiffs by August 3, 2026, to participate in the class action and seek compensation.
- Lawsuit Background: The lawsuit alleges that Badger Meter made materially false and misleading statements during the Class Period, claiming that its financial performance reflected 'ongoing favorable industry trends' and 'strong demand,' while in reality, these results were partially due to pulling forward customer orders, masking weakening demand.
- Investor Losses: When the truth emerged, investors suffered damages as Badger Meter's financial results did not sustain the growth it had claimed, leading to disappointing financial reports that negatively impacted the company's stock price.
- Choosing Counsel: Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record, noting that many firms issuing notices lack the capability to handle securities class actions, urging investors to be cautious in their choice of legal representation.
See More
Class Action Filed Against Badger Meter for Securities Fraud
- Class Action Initiated: Pomerantz LLP has filed a class action lawsuit against Badger Meter, alleging securities fraud and other unlawful business practices by the company and certain officers, with investors needing to apply as Lead Plaintiff by August 3, 2026, highlighting serious governance concerns.
- Earnings Miss: Badger Meter reported Q1 2026 earnings of $0.93 per share, missing consensus estimates by $0.26, and revenue of $202.03 million, falling short by $28.58 million, indicating significant performance pressure and declining market confidence.
- Sales Decline: The company disclosed a 10% year-over-year decline in utility water sales, attributed to project timing and weaker municipal customer orders, suggesting challenges in market competition that could impact future revenue growth.
- Stock Price Plunge: Following the disappointing earnings report, Badger Meter's stock price plummeted by $36.75, or 24.13%, closing at $115.54 on April 17, 2026, reflecting investor pessimism regarding the company's outlook.
See More
Multiple Companies Face Class Action Lawsuits
- Badger Meter Lawsuit: Badger Meter, Inc. is accused of inflating financial performance by prematurely recognizing customer orders from April 2024 to April 2026, misleading investors about the company's true business outlook and potentially affecting future financing capabilities.
- PicS Lawsuit: PicS N.V. faces allegations of failing to disclose deficiencies in its credit evaluation procedures in its 2026 offering documents, leading to approximately R$590 million of credit exposures being misclassified, resulting in an additional R$88 million loss that undermines investor confidence in the company's financial health.
- Verra Mobility Lawsuit: Verra Mobility Corporation is accused of not disclosing the critical impact of contract renewal with Avis on its growth plans in commercial services, making its 2026 performance guidance increasingly unlikely to be met, which could adversely affect shareholder returns.
- Grail Lawsuit: Grail, Inc. is alleged to have misled investors regarding clinical trial results from 2025 to 2026 by failing to disclose potential trends in unreleased data, which could severely undermine investor confidence in the company's future prospects.
See More
Reminder for Badger Meter Shareholder Class Action
- Class Action Notice: Rosen Law Firm reminds investors who purchased Badger Meter (NYSE: BMI) common stock between April 18, 2024, and April 16, 2026, to apply as lead plaintiffs by August 3, 2026, to participate in the class action and seek compensation.
- Lawsuit Background: The lawsuit alleges that Badger Meter made materially false and misleading statements regarding its financial results, claiming they were driven by favorable industry trends and strong demand, while in reality, these results were partially due to pulling forward customer orders, masking weakening demand.
- Investor Losses: As the truth emerged, investors faced damages due to Badger Meter's financial results not accurately reflecting its market performance, leading to disappointing subsequent financial reports that undermined shareholder confidence and investment value.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, ranked No. 1 by ISS Securities Class Action Services in 2017, showcasing its expertise and successful track record in this field.
See More
Badger Meter Stock Plummets Amid Lawsuit Allegations
- Stock Price Collapse: Badger Meter's shares plummeted over 24% on April 17, 2026, losing $36.75 per share, reflecting a stark reality of a 9% year-over-year sales decline and a 10% drop in utility water revenue, severely impacting investor confidence.
- Promise vs. Reality: Despite Badger Meter's assurances of achieving 'high single-digit average revenue growth' from 2024 to early 2025, actual sales in Q1 2026 fell, revealing a significant gap between management's optimistic market demand outlook and actual performance.
- Deteriorating Profitability: The company's operating margin contracted from 22.2% to 17.4% in Q1 2026, while earnings per share (EPS) dropped from $1.30 in 2025 to $0.93, marking a 28% decline, indicating serious challenges to profitability.
- Lawsuit Allegations: The lawsuit alleges that Badger Meter's 'record' results during the reporting period were not due to genuine demand growth but rather inflated by pulling forward customer orders, leading to a depletion of future revenues and exposing investors to significant loss risks.
See More
Class Action Lawsuit Reminder Against Badger Meter, Inc.
- Class Action Notification: The Schall Law Firm reminds investors of a class action lawsuit against Badger Meter, Inc. (NYSE:BMI) for securities transactions between April 18, 2024, and April 16, 2026, urging investors to contact the firm by August 3, 2026, to participate.
- False Statement Allegations: The complaint alleges that Badger Meter made false and misleading statements regarding its financial performance, claiming it was based on 'secular growth drivers' and 'solid operating execution,' while in reality, it relied on pulling forward customer orders to recognize revenue prematurely.
- Market Reaction Impact: When the market learned the truth about Badger Meter's performance, investors suffered damages, indicating that the company's public statements were false and materially misleading throughout the class period, likely leading to a decline in stock price.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and encourages affected shareholders to reach out to discuss their rights, demonstrating the firm's commitment to protecting investor interests.
See More
Badger Meter Shareholder Class Action Notice
- Class Action Notice: Rosen Law Firm reminds investors who purchased Badger Meter stock between April 18, 2024, and April 16, 2026, to apply as lead plaintiffs by August 3, 2026, to participate in the class action and seek compensation.
- Lawsuit Background: The lawsuit alleges that Badger Meter made materially false and misleading statements during the Class Period, claiming that its financial performance reflected 'ongoing favorable industry trends' and 'strong demand,' while in reality, these results were partially due to pulling forward customer orders, masking weakening demand.
- Investor Losses: When the truth emerged, investors suffered damages as Badger Meter's financial results did not sustain the growth it had claimed, leading to disappointing financial reports that negatively impacted the company's stock price.
- Choosing Counsel: Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record, noting that many firms issuing notices lack the capability to handle securities class actions, urging investors to be cautious in their choice of legal representation.
See More
