New York, New York--(Newsfile Corp. - July 24, 2026) - Kaplan Fox &amp; Kilsheimer LLP announces that a class action lawsuit has been filed against Badger Meter, Inc. (&#34;Badger Meter&#34; or the &#34;Company&#34;)

<p>New York, New York--(Newsfile Corp. - July 24, 2026) - <a href="https://api.newsfilecorp.com/redirect/24Ae2U5EQe">Kaplan Fox &#38; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against Badger Meter, Inc. ("Badger Meter" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BMI">BMI</a>) on behalf of investors that purchased or otherwise acquired Badger Meter securities between April 18, 2024 and April 16, 2026 (the "Class Period").</p><p style="text-align: center;"><a href="https://api.newsfilecorp.com/redirect/MqgNkuMQGp">CLICK HERE TO JOIN THE CASE</a></p><p><b>If you are an investor in Badger Meter and have suffered losses, you may </b><a href="https://api.newsfilecorp.com/redirect/bgL87HaVen"><b>CLICK HERE</b></a><b> to contact us. You may also contact Kaplan Fox by emailing </b><a href="mailto:pmayer@kaplanfox.com"><b>pmayer@kaplanfox.com</b></a><b> or by calling (646) 315-9003.</b></p><p><b>DEADLINE REMINDER: </b>If you are a member of the proposed Class, you may move the court <u><b>no later than August 3, 2026</b></u> to serve as a lead plaintiff for the purported class.  If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p><p>On April 17, 2026, Badger Meter reported first quarter 2026 results, including a deceleration of sales.  Specifically, total sales of $202.3 million for the quarter were "9% lower than the prior year's $222.2 million."  Additionally, the Company stated with respect to its first quarter operating results that "Utility water sales declined 10% year-over-year, reflecting project timing and other softer short-cycle municipal ordering . . . ."</p><p>Following this news, the price of Badger Meter shares declined by $36.75 per share, or more than 24%, to close at $115.54 per share on April 17, 2026.</p><p>The complaint alleges that throughout the Class Period, Defendants misrepresented the drivers of Badger Meter's "record" financial results, demand for the Company's products, and its prospects for continued growth.  During the Class Period, Defendants allegedly told investors that Badger Meter's strong financial results reflected "ongoing favorable industry trends," "secular growth drivers," and "solid operating execution."  They also allegedly  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.</p><p>According to the complaint, in truth, "Badger Meter's financial results during the Class Period 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."</p><p><b>WHY CONTACT KAPLAN FOX?</b></p><p>Kaplan Fox &#38; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.</p><p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in <i>In re Bank of America</i>&#8212;the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act&#8212;$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in <i>ATRS v. Allianz Global Investors</i>, and a $475 million settlement in <i>In re Merrill Lynch</i>.</p><p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p><p>If you have any questions about this Notice, your rights, or your interests, please contact:</p><div id="contactInfo"><p><b>CONTACT:</b><br />Pamela A. Mayer<br /><a href="https://api.newsfilecorp.com/redirect/3KAN2UEKY8">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(646) 315-9003<br /><a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p><p>Laurence D. King<br /><a href="https://api.newsfilecorp.com/redirect/N3pXZiNAQ7">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p></div><p>Contacting or submitting information to Kaplan Fox &#38; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p><p><a href="https://api.newsfilecorp.com/redirect/XE4Q8CPrO2">https://www.kaplanfox.com/case/badger-meter-inc-shareholder-alert-learn-more-now/</a></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/306470_75a001b5b4e98b1e_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/DOmVAcnvZE">https://www.newsfilecorp.com/release/306470</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/306470/197" alt="" /></p>

Kaplan Fox Urges Investors of Badger Meter, Inc. (BMI) with Significant Losses to Seek a Leadership Role Before August 3, 2026

Badger Meter Faces Securities Class Action Over 2024-2026 Growth Claims

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>New York, New York--(Newsfile Corp. - July 24, 2026) - Kaplan Fox &amp;amp; Kilsheimer LLP announces that a class action lawsuit has been filed against Badger Meter, Inc. (&amp;#34;Badger Meter&amp;#34; or the &amp;#34;Company&amp;#34;)</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Badger Meter (BMI) faces a securities class action alleging misstatements about demand drivers and revenue recognition during 2024-2026. The catalyst is Q1 2026 results showing sales deceleration and a 24% stock drop, fueling investor concern over pull-forward orders. If the case advances, BMI could face settlement costs and heightened volatility in the near term.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Class action filed against Badger Meter (BMI) by Kaplan Fox. Alleges misrepresented growth drivers (2024-2026).</li><li>Q1 2026 sales fell to $202.3M, down 9% YoY.</li><li>Utility water sales declined 10% YoY due to timing.</li><li>Shares dropped $36.75 (about 24%) after the results.</li><li>Deadline to seek lead plaintiff is Aug 3, 2026.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Badger Meter, Inc. (BMI)</strong>: Subject of securities class action alleging misstatements; potential liability.</li><li><strong>Bank of America (BAC)</strong>: Referenced as precedent in prior securities litigation recoveries; implies potential settlement scale.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Legal. The article centers on a securities class action against BMI, highlighting potential liability and market risk from litigation.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Securities suit filed against BMI could amplify near-term price volatility.</li><li>Q1 2026 sales deceleration may worsen if allegations are substantiated.</li><li>Lead plaintiff deadline Aug 3, 2026 could trigger trading activity.</li><li>Settlement risk could raise cash costs and pressure margins.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Class Period: Apr 18, 2024 - Apr 16, 2026.</li><li>Q1 2026 sales: $202.3 million, down 9% YoY.</li><li>Utility water sales declined 10% YoY.</li><li>Stock closed at $115.54 on Apr 17, 2026 after a $36.75 drop.</li><li>Lead plaintiff deadline: Aug 3, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term downside risk for BMI on litigation progress; catalyst-driven volatility likely over 1-3 quarters.</p>
  </section>
</section>


<p>New York, New York--(Newsfile Corp. - July 24, 2026) - <a href="https://api.newsfilecorp.com/redirect/24Ae2U5EQe">Kaplan Fox &#38; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against Badger Meter, Inc. ("Badger Meter" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BMI">BMI</a>) on behalf of investors that purchased or otherwise acquired Badger Meter securities between April 18, 2024 and April 16, 2026 (the "Class Period").</p><p style="text-align: center;"><a href="https://api.newsfilecorp.com/redirect/MqgNkuMQGp">CLICK HERE TO JOIN THE CASE</a></p><p><b>If you are an investor in Badger Meter and have suffered losses, you may </b><a href="https://api.newsfilecorp.com/redirect/bgL87HaVen"><b>CLICK HERE</b></a><b> to contact us. You may also contact Kaplan Fox by emailing </b><a href="mailto:pmayer@kaplanfox.com"><b>pmayer@kaplanfox.com</b></a><b> or by calling (646) 315-9003.</b></p><p><b>DEADLINE REMINDER: </b>If you are a member of the proposed Class, you may move the court <u><b>no later than August 3, 2026</b></u> to serve as a lead plaintiff for the purported class.  If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p><p>On April 17, 2026, Badger Meter reported first quarter 2026 results, including a deceleration of sales.  Specifically, total sales of $202.3 million for the quarter were "9% lower than the prior year's $222.2 million."  Additionally, the Company stated with respect to its first quarter operating results that "Utility water sales declined 10% year-over-year, reflecting project timing and other softer short-cycle municipal ordering . . . ."</p><p>Following this news, the price of Badger Meter shares declined by $36.75 per share, or more than 24%, to close at $115.54 per share on April 17, 2026.</p><p>The complaint alleges that throughout the Class Period, Defendants misrepresented the drivers of Badger Meter's "record" financial results, demand for the Company's products, and its prospects for continued growth.  During the Class Period, Defendants allegedly told investors that Badger Meter's strong financial results reflected "ongoing favorable industry trends," "secular growth drivers," and "solid operating execution."  They also allegedly  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.</p><p>According to the complaint, in truth, "Badger Meter's financial results during the Class Period 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."</p><p><b>WHY CONTACT KAPLAN FOX?</b></p><p>Kaplan Fox &#38; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.</p><p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in <i>In re Bank of America</i>&#8212;the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act&#8212;$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in <i>ATRS v. Allianz Global Investors</i>, and a $475 million settlement in <i>In re Merrill Lynch</i>.</p><p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p><p>If you have any questions about this Notice, your rights, or your interests, please contact:</p><div id="contactInfo"><p><b>CONTACT:</b><br />Pamela A. Mayer<br /><a href="https://api.newsfilecorp.com/redirect/3KAN2UEKY8">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(646) 315-9003<br /><a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p><p>Laurence D. King<br /><a href="https://api.newsfilecorp.com/redirect/N3pXZiNAQ7">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p></div><p>Contacting or submitting information to Kaplan Fox &#38; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p><p><a href="https://api.newsfilecorp.com/redirect/XE4Q8CPrO2">https://www.kaplanfox.com/case/badger-meter-inc-shareholder-alert-learn-more-now/</a></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/306470_75a001b5b4e98b1e_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/DOmVAcnvZE">https://www.newsfilecorp.com/release/306470</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/306470/197" alt="" /></p>

Badger Meter (BMI) faces a securities class action alleging misstatements about demand drivers and revenue recognition during 2024-2026. The catalyst is Q1 2026 results showing sales deceleration and a 24% stock drop, fueling investor concern over pull-forward orders. If the case advances, BMI could face settlement costs and heightened volatility in the near term.

News insight

Kaplan Fox Urges Investors of Badger Meter, Inc. (BMI) with Significant Losses to Seek a Leadership Role Before August 3, 2026

AI summary

Sentiment rationale

Key facts

Legal