Better board urges shareholders to revoke support for ex-CEO Garg proxy push, back WHITE card
BETR•UK bank sale timeline challenged
It challenged his claim he could sell Better’s UK bank within 30 days, citing regulatory approval timelines.
Board urges revocation of support for Garg solicitation
Better urged shareholders to revoke any prior support for ex-CEO Vishal Garg’s consent solicitation ahead of a board control fight.
The board’s special committee recommended signing and returning the WHITE consent revocation card, ignoring any green consent card from Garg.
Committee rejects turnaround plan and voting-control claims
It called Garg’s proposed turnaround plan “unworkable,” citing a history of missed targets during his decade running the mortgage lender.
The committee disputed Garg’s claim of voting control, describing it as false, amid his push to replace directors.
