#Securities Class Action #Badger Meter

Badger Meter's Shareholders on Alert Amid Class Action Lawsuit

The landscape for investors in Badger Meter, Inc. (NYSE: BMI) is currently turbulent, as a significant class action lawsuit has been filed by Levi & Korsinsky, LLP. The lawsuit claims that the company failed to adequately disclose known risks that might have impacted its financial performance. During the period from April 18, 2024, to April 16, 2026, several alleged misrepresentations came to light following corrective announcements made by the company, resulting in investors losing a staggering amount of over $95 per share.

Examination of Risk Disclosures

Levi & Korsinsky has scrutinized Badger Meter’s filings with the SEC, which they argue were misleading and fell short of transparency. Although the company's filings contained standard disclaimers associated with forward-looking statements, they omitted critical specifics about the actual demand fluctuations impacting revenue.

The primary allegation is that Badger Meter neglected to inform shareholders about the variability in demand from short-cycle municipal customers, a condition purportedly responsible for the company’s revenue downturn. On April 17, 2026, the company reported a significant shortfall of $15 to $20 million compared to its financial expectations. This revelation led to a drastic drop in share prices, more than 24% in just one day.

Additional Missing Information

The lawsuit insists that investors were not adequately warned about the risk factors at play. Key issues asserted in the class action include:

• - The previously undisclosed