Tuffin Paula sold $38K of BETR

Investors have filed a lawsuit against Better and its former CEO, alleging misleading statements about loan volume growth and failure to disclose macroeconomic risks. The suit claims Better's May 2026 guidance for $1 billion in monthly loan volume was unattainable, with actual Q2 guidance implying a 45% miss. The stock dropped 28.5% on May 7, 2026, following the revised outlook.

Better Home & Finance Holding Co. (BETR) faces a contested board control situation. The Garg Group is soliciting written consents to remove five directors, citing governance concerns. Glass Lewis's report aligns with some of the Garg Group's arguments but disagrees with the removal proposals. The filing does not indicate completed board changes, and the submission deadline is September 18, 2026.

Better Home & Finance (BETR) has parted ways with two senior executives: Chad M. Smith, President of Better Mortgage, and Barry Feierstein, COO. Both departures are under mutual separation agreements. Smith will receive $416,666, including accelerated vesting of 10,000 restricted stock units. The agreements will be filed in the Q3 Form 10-Q.

Better.com's board ousted CEO Vishal Garg, sparking a public dispute. Garg claims he had a turnaround plan and shareholder support, while the company accuses him of misconduct and violating securities laws. Better's stock is down over 90% from its peak.

Better Home & Finance sued its founder and former CEO Vishal Garg, alleging he led a “scorched-earth campaign” to regain control. The dispute follows claims during his tenure that he called employees “monkeys” and “dumb dolphins.” Better Home says Garg was reinstalled as CEO in 2022 after a 2021 mass layoff. The lender has processed over $110B in loans.

Better Home & Finance accused former CEO Vishal Garg of unlawful shareholder solicitation aimed at regaining control, citing alleged misrepresentations and federal securities law violations. The company said Garg lacks votes even with Class B super-voting shares. Better reported $1.5B GAAP net losses since 2022 and a 90% stock drop. Its stock fell 36.6% to $17.32 after naming interim CEO Daniel Lewis.