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Better Home & Finance Opens Investigation into Serious Allegations of Breach of Fiduciary Duty by Director and Former CEO Vishal Garg

  • Better Home & Finance Holding Company (NASDAQ: BETR) opened an investigation into allegations that former CEO Vishal Garg sought to exchange company interests & property for shareholder consents to replace the Board.
  • The company states that promising company assets in exchange for consent violates fiduciary duties & compromises asset maximization.
  • The Special Committee unanimously recommends shareholders sign & return the WHITE consent revocation card while disregarding any green consent card from Garg.
  • Shareholders who previously signed a green consent card may revoke it by signing, dating, & returning the WHITE revocation card.
  • The company filed a definitive consent revocation statement with the SEC on August 28, 2026, to oppose Garg & his group's solicitation.
  • Investors are urged to review the SEC filings at www.sec.gov or the company's investor relations website for complete information.
  • Company executives including Interim CEO Daniel Lewis & board members are listed as participants in the revocation solicitation.