Institutional Investors in Badger Meter Face Class Action Over Alleged Order Pull-Forward Scheme
A securities class action has been filed against Badger Meter, Inc. (NYSE: BMI), alleging that the company and certain officers made misleading statements about its financial results by pulling forward customer orders to inflate revenue during the period from April 18, 2024 through April 16, 2026. The stock price fell over $129 per share following disclosures.
Tickers: $BMI
Topics: ERISA obligations investor notice lead plaintiff securities fraud