$BETR

Vishal Garg has secured over 51% of votes to remove five Better directors, including interim CEO Daniel Lewis and board chair Harit Talwar. Garg plans to retain his seat, add two new directors, and appoint an interim CEO with mortgage experience. Better reported a $30.6M net loss in Q2, a 16% improvement year-over-year, but faces financial challenges.

Vishal Garg, former CEO of Better (BETR), is seeking to remove five directors, including current CEO Daniel Lewis, and has claimed support from over 46% of shareholders. Better's board disputes Garg's claims and urges shareholders to revoke consent. Garg has proposed three independent director candidates. The dispute follows Garg's removal as CEO and subsequent legal actions.

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.com founder Vishal Garg and interim CEO Daniel Lewis, once close, are now publicly feuding over the company's future. Garg accuses Lewis of working remotely, while Lewis questions Garg's credibility. The board claims Better.com lost over $2 billion under Garg. The company's financials show decreasing losses and increasing revenue. Shareholders will decide control by October 20.

Better Home (BETR) faces a corporate governance standoff as founder Vishal Garg, who owns 45% of the company, proposes three independent director candidates, including William 'Bing' Gordon. The company's stock is down 55% since Garg was ousted, and proxy advisors have mixed views on the consent solicitation. Egan-Jones supports Garg, citing Better Home's 14% total shareholder return over two years, the best in its peer set.

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.

Vishal Garg and his group filed a consent statement to remove five directors from Better Home & Finance Holding Company's (BETR) board. Garg claims AI-driven improvements have increased revenue from $70M to $220M and reduced losses, aiming to replace the CEO and restructure the company.

Better.com announced leadership changes, including the departure of Chad Smith and Barry Feierstein. Smith will receive a $416,666 lump-sum payment and accelerated vesting of 10,000 restricted stock units. The company aims to focus on execution and profitability, with a $14 million adjusted EBITDA loss in Q2 2026. Better's stock has fallen over 90% since its 2023 IPO. A boardroom battle between former CEO Vishal Garg and the current board continues, with ongoing litigation.

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 Home & Finance Holding Co (BETR) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Departure of President of Better Mortgage Corporation In the early Summer 2026, Better Home & Finance Holding Company (the