The legal action centers on claims that Badger Meter violated the Securities Exchange Act of 1934 by issuing false and misleading statements to investors. While the company publicly attributed its performance to secular growth drivers and strong operating execution, the complaint alleges that these results were artificially inflated by pulling forward customer orders to recognize revenue prematurely. This practice, according to the filing, obscured the reality of the company's growth trajectory.

Investors have until August 3, 2026, to contact the firm regarding the litigation. As the class has not yet been certified, shareholders who do not take action will remain absent class members, meaning they are currently not represented by counsel. Those interested in participating can reach Brian Schall at 310-301-3335 or visit the firm’s website at www.schallfirm.com for a consultation.