Glancy Prongay Wolke & Rotter LLP reminds Badger Meter, Inc. shareholders of the August 3, 2026 deadline to move for lead plaintiff in a class action covering stock purchased between April 18, 2024 and April 16, 2026. The suit alleges the company pulled forward customer orders to recognize revenue early, masking weakening demand and depleting future-period revenue, which made positive statements misleading. Three disclosures triggered sharp stock drops: a 16.5% fall on July 22, 2025 after below-consensus second-quarter results and a warning of sequential sales decline; an 11% drop on January 28, 2026 after missed fourth-quarter revenue and a 6% sequential decline in utility water sales; and a 24.1% plunge on April 17, 2026 after first-quarter 2026 results showed total sales down 9% year-over-year, utility water sales down 10%, operating margin contracting to 17.4% from 22.2%, and diluted EPS falling to $0.93 from $1.30.
Badger Meter IncAllegations of pulling forward orders to mask weakening demand, with subsequent revenue declines and falling sales in utility water segment.