Key Takeaways:
Bleichmar Fonti & Auld LLP announced an investigation into Badger Meter Inc. for potential securities fraud after a series of significant stock declines, including a 24 percent drop on April 17.
The law firm is investigating whether Badger Meter made false and misleading statements to investors regarding demand for its products and its prospects for growth, according to a press release.
The probe follows three major stock declines. Shares fell 24 percent on April 17 after the company reported a 9 percent year-over-year decline in total sales. The stock previously dropped 11 percent on January 28 and 16.5 percent on July 22, 2025, after the company reported poor financial results and slowing growth.
The investigation could lead to a class-action lawsuit against the company, which manufactures water meters and related products for municipal and regional water utilities. Investors who purchased shares may be eligible to join any potential legal action.
Badger Meter’s stock fell to $115.54 on April 17, down from a closing price of $152.29 the previous day. The January decline saw the stock fall to $146.32 from $164.41, and the July 2025 drop sent the price to $204.80 from $245.22. The company warned in its July 2025 report that it “expect[s] absolute sales to decline sequentially.”
The investigation signals potential legal and financial repercussions for Badger Meter. The next catalyst for investors will be the filing of any formal class-action lawsuit.
This article is for informational purposes only and does not constitute investment advice.
