Important Notice to Long-Term Shareholders of Badger Meter, Inc. (NYSE: BMI); GeneDx Holdings Corp. (NASDAQ: WGS); Navan, Inc. (NASDAQ: NAVN); and Verra Mobility Corporation (NASDAQ: VRRM): Grabar Law Office is Investigating Claims on Your Behalf

PHILADELPHIA, June 24, 2026 (GLOBE NEWSWIRE) —

BADGER METER, INC. (NYSE: BMI):

WHAT IS HAPPENING? Grabar Law Office is investigating claims on behalf of shareholders Badger Meter, Inc. (NYSE: BMI). The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.

If you purchased or acquired Badger Meter (NYSE: BMI) shares since prior to April 18, 2024, and still hold shares today, you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Please visit https://grabarlaw.com/the-latest/bmi-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085 to learn more.

WHY? A recently filed federal securities class action alleges that Badger Meter, Inc. (NYSE: BMI), through certain of its officers, repeatedly attributed its strong financial performance to favorable industry trends, robust customer demand, growing adoption of its AMI offerings, strong order activity, backlog conversion, and long-term growth opportunities. According to the complaint, investors were allegedly led to believe that the Company’s financial performance reflected sustainable, demand-driven growth and strong underlying business fundamentals.

The complaint further alleges that Badger Meter’s reported results were materially impacted by the acceleration or pull-forward of customer orders, which allegedly masked weakening demand trends and depleted future-period revenue opportunities. As a result, investors allegedly received an inaccurate picture of the Company’s near-term growth prospects and the sustainability of its financial performance. It is alleged that the truth emerged through a series of disappointing quarterly announcements during 2025 and 2026, including reports of slowing revenue growth, declining margins, lower utility water sales, weaker municipal customer ordering activity, and reduced earnings performance. Following these announcements, Badger Meter’s stock price experienced significant declines.

WHAT CAN YOU DO NOW? If you purchased or acquired Badger Meter (NYSE: BMI) shares prior to April 18, 2024, and still hold shares today, you are encouraged to visit https://grabarlaw.com/the-latest/bmi-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. #BMI #BadgerMeter $BMI

GENEDX HOLDINGS CORP. (NASDAQ: WGS):

WHAT IS HAPPENING? Grabar Law Office is investigating claims on behalf of shareholders of GeneDx Holdings Corp. (NASDAQ: WGS). The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.

If you purchased GeneDx Holdings Corp. (NASDAQ: WGS) shares prior to April 16, 2025, and still hold shares today, you are encouraged to visit https://grabarlaw.com/the-latest/genedx-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.

WHY? As alleged in a recently filed securities fraud class action complaint, GeneDx Holdings Corp. (NASDAQ: WGS), through certain of its executives, violated federal securities laws by making false and/or misleading statements pertaining to the impact of the Fabric acquisition on the overall business of the Company. It is alleged that WGS repeatedly made statements that would have caused the average investor to believe that the Fabric acquisition would improve the Company’s financials and create efficiencies between it and the Company’s core business. These include statements such as: “There is room to run in terms of reducing COGS in the future by combining the best of capability between GeneDx and Fabric as we lean into the best possible algorithms to optimize dry lab processes.” These and similar statements when made were false. In truth, it is alleged, Defendants knew of, or recklessly disregarded, significant problems in Fabric’s viability that would negatively impact WGS’s overall business and operations. As a result, the Company’s statements concerning its business, operations, and prospects lacked a reasonable factual basis.

WHAT CAN YOU DO NOW? If you purchased GeneDx Holdings Corp. (NASDAQ: WGS) shares prior to April 16, 2025, and still hold shares today, you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. You are encouraged to visit https://grabarlaw.com/the-latest/genedx-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085.   $WGS #WGS #GeneDX

NAVAN, INC. (NASDAQ: NAVN):

Grabar Law Office is investigating whether certain officers and directors of Navan, Inc. (NASDAQ: NAVN) breached their fiduciary duties owed to the Company and its shareholders.

WHAT IS THE INVESTIGATION ABOUT? Grabar Law Office is investigating allegations concerning Navan’s disclosures, internal reporting systems, oversight practices, and public statements made in connection with the Company’s October 30, 2025 initial public offering (“IPO”).

If you are a current Navan Inc. (NASDAQ: NAVN) shareholder who has continuously held Navan shares since on or shortly after the Company’s October 30, 2025 IPO, you are encouraged to visit https://grabarlaw.com/the-latest/navan-shareholder-investigation/, contact Joshua H. Grabar at jgrabar@grabarlaw.com, or call us at 267-507-6085 to discuss your rights and potential claims. You can pursue claims on behalf of Navan against officers and directors responsible for alleged misconduct and seek corporate governance reforms designed to improve oversight, transparency, disclosure practices, and shareholder value, including a court approved service award at no cost to you whatsoever.

WHY? As alleged in a federal securities fraud class action complaint, Navan, Inc. (NASDAQ: NAVN) represented in its IPO materials that it had experienced significant growth in revenue, gross booking volume (“GBV”), and platform adoption. The Company’s offering documents highlighted strong historical growth metrics and discussed plans to continue expanding customer relationships and platform usage. Navan’s October 30, 2025, IPO offering documents allegedly omitted material information concerning the Company’s business and financial condition, including that at the time of the IPO, Navan possessed information indicating that revenue growth was decelerating and that the Company would substantially increase sales and marketing spending in order to sustain reported growth metrics. The complaint further alleges that these trends were not adequately disclosed to investors in the Company’s registration statement and prospectus.

The investigation is focused on whether Navan’s directors and senior officers:

  • Failed to maintain adequate oversight concerning the Company’s growth trends and operating performance;
  • Failed to ensure that material information concerning revenue trends and operating expenses was timely escalated and disclosed;
  • Failed to maintain effective disclosure controls and procedures;
  • Caused or permitted the dissemination of allegedly misleading registration statement and prospectus disclosures;
  • Failed to provide shareholders with complete information regarding the Company’s sales and marketing expenditures and their impact on future performance; and
  • Exposed the Company to significant legal, financial, and reputational harm.

WHAT CAN YOU DO NOW?   If you are a current Navan Inc. (NASDAQ: NAVN) shareholder who has continuously held Navan shares since on or shortly after the Company’s October 30, 2025 IPO, you are encouraged to visit https://grabarlaw.com/the-latest/navan-shareholder-investigation/, contact Joshua H. Grabar at jgrabar@grabarlaw.com, or call us at 267-507-6085 to discuss your rights and potential claims. You can pursue claims on behalf of Navan against officers and directors responsible for alleged misconduct and seek corporate governance reforms designed to improve oversight, transparency, disclosure practices, and shareholder value, including a court approved service award at no cost to you whatsoever.   #Navan #NAVN $NAVN

VERRA MOBILITY CORPORATION (NASDAQ: VRRM):

WHAT IS HAPPENING? Grabar Law Office is investigating claims on behalf of shareholders of Verra Mobility Corporation (NASDAQ: VRRM). The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.

If you purchased Verra Mobility (NASDAQ: VRRM), shares prior to February 24, 2026, and still hold shares today, you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Please visit https://grabarlaw.com/the-latest/verra-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085 to learn more. Alternatively, if you purchased Verra Mobility shares between February 24, 2026 and May 26, 2026, you can participate in the class action.

WHY? As alleged in a recently filed federal securities fraud class action complaint, Verra Mobility Corporation (NASDAQ: VRRM), through certain of its executives, violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (i) defendants created the false impression that they possessed reliable information pertaining to Verra Mobility’s projected revenue outlook and anticipated growth of its commercial services segment, assurances of contract renewals with major rent-a-car customers, growth in its rental car tolling business and repeatedly affirmed Verra Mobility’s 2026 full year guidance; (ii) Verra Mobility’s optimistic plan for continued growth in its commercial services business was dependent on its relationship with Avis Budget Group, and in particular obtaining a contract extension with Avis Budget Group; and (iii) Verra Mobility minimized concerns that major rent-a-car customers could replace Verra Mobility with in-house solutions or outsourced alternatives, making Verra Mobility’s 2026 full year guidance increasingly unlikely to be met.

On May 26, 2026, Verra Mobility issued a press release announcing that it had received a termination notice from Avis Budget Group regarding its contract, effective September 2026, and that Verra Mobility’s management lowered its full year 2026 financial outlook as a result. On this news, the price of Verra Mobility stock declined approximately 71%.

WHAT CAN YOU DO NOW? If you purchased Verra Mobility (NASDAQ: VRRM), shares prior to February 24, 2026, and still hold shares today, you are encouraged to visit https://grabarlaw.com/the-latest/verra-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. $VRRM #VRRM #Verra #VerraMobility

Attorney Advertising Disclaimer

Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel:  267-507-6085
Email: jgrabar@grabarlaw.com


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