Glass Lewis urges Better Home shareholders to revoke consent, reject Vishal Garg bid to oust five directors
BETR•ISS recommendation weakens Garg's argument
ISS also recommended revoking consent, weakening Garg’s claim that he controls a majority of voting power.
Glass Lewis backs board's revoke-consent campaign
Glass Lewis urged Better Home & Finance shareholders to reject founder Vishal Garg’s push to remove five directors.
The proxy adviser backed the board’s call to “revoke consent” via the company’s white card, rather than sign Garg’s green card.
Adviser says Garg failed to make a compelling case
Glass Lewis said Garg failed to present a compelling case. It cited value erosion since the listing and continued losses.
Board committee says campaign was costly and distracting
The board committee said Garg missed multiple deadlines to deliver written consents, calling the campaign costly and distracting.
