Better files lawsuit against ex-CEO Vishal Garg over alleged federal securities law violations
BETR•Shareholder rights plan adopted amid disclosure concerns
Better also adopted a shareholder rights plan to counter the effort, citing inadequate disclosure of Garg’s plans and shareholder group arrangements.
Better sues former CEO Vishal Garg over consent solicitation
Better filed a complaint against former CEO Vishal Garg, seeking declaratory and injunctive relief over alleged federal securities-law violations.
The lawsuit targets Garg’s consent solicitation to remove five directors, which Better’s special committee says could let him seize control.
