{"id":1005122,"date":"2026-09-22T12:55:04","date_gmt":"2026-09-22T16:55:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/garg-group-condemns-better-home-finances-false-statements-and-underhanded-tactics-designed-to-prevent-shareholders-from-upgrading-the-board\/"},"modified":"2026-09-22T12:55:04","modified_gmt":"2026-09-22T16:55:04","slug":"garg-group-condemns-better-home-finances-false-statements-and-underhanded-tactics-designed-to-prevent-shareholders-from-upgrading-the-board","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/garg-group-condemns-better-home-finances-false-statements-and-underhanded-tactics-designed-to-prevent-shareholders-from-upgrading-the-board\/","title":{"rendered":"Garg Group Condemns Better Home &amp; Finance\u2019s False Statements and Underhanded Tactics Designed to Prevent Shareholders from Upgrading the Board"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwmarginl1 { margin-left: 30px }\n.bwpadl0 { padding-left: 0px }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignt { vertical-align: top }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Garg Group Condemns Better Home &amp; Finance\u2019s False Statements and Underhanded Tactics Designed to Prevent Shareholders from Upgrading the Board<\/b><\/p>\n<p class=\"bwalignc\"><i>Daniel Lewis\u2019 and the Board\u2019s Smear Campaign Represents a New Low \u2013 It is Time to Restore Accountability and Real Leadership to Better<\/i><\/p>\n<p class=\"bwalignc\"><i>Urges Shareholders to Submit Their Consent on the <b>GREEN CONSENT CARD<\/b> to Support the Garg Group\u2019s Proposals to Remove Directors Daniel Lewis, Harit Talwar, Arnaud Massenet, Bhaskar Menon and Prabhu Narasimhan from the Board<\/i><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nVishal Garg, founder and former CEO of Better Home &amp; Finance Corporation (\u201cBetter\u201d or the \u201cCompany\u201d) (Nasdaq: BETR) and a significant shareholder in the Company, today criticized the Company\u2019s recent statements and actions related to the Garg Group\u2019s consent solicitation to remove five sitting directors, including interim CEO Daniel Lewis, Harit Talwar, Arnaud Massenet, Bhaskar Menon and Prabhu Narasimhan from the Board of Directors (the \u201cBoard\u201d).<\/p>\n<p>\nMr. Garg said:<\/p>\n<p class=\"bwmarginl1\">\nThe Better Board has conducted itself abominably in its never-ending scheming to obstruct the will of shareholders \u2013 and the members of the Special Committee bear particular responsibility. The Board\u2019s current directors, excluding myself, have quite simply sunk to new lows in their attempts to mislead shareholders. Specifically, they have refused to provide us with the list of shareholders who hold stock and do not object to their names being shared. By failing to obtain this list and provide it to us, the Board is effectively preventing us from communicating directly with shareholders and alerting them to the terrible leadership and governance currently being displayed by Better \u2013 including the massive approximately 55% share price drop since I departed as CEO and Mr. Lewis took over as interim CEO.<sup>1<\/sup><\/p>\n<p class=\"bwmarginl1\">\nDespite the Company\u2019s dirty tricks, we have already obtained consents from holders of more than 46% of the Company\u2019s voting power in a matter of just two weeks since the consent cards began to reach shareholders.<sup>2<\/sup> After we announced this yesterday, the Company hastily posted on X disputing our level of support and implying that we are violating securities regulations. Mr. Lewis\u2019 characterization of our support is false, and his suggestion that we have violated securities regulations is baseless. These statements unfortunately represent yet another attempt to pull the wool over shareholders\u2019 eyes and maintain an entrenched Board that has somehow managed to destroy shareholder value in a matter of weeks.<\/p>\n<p class=\"bwmarginl1\">\nWe are nearing the finish line and have significant momentum as we pave the way to upgrade the Board with the stellar candidates we have identified. Independent, accomplished leaders like Bing Gordon, David Heidecorn and Steve Sarracino, who I would seek to nominate to the Board, would bring incredibly powerful new perspectives and experience to jumpstart Better\u2019s growth. I urge all shareholders who have not yet done so to sign, date and return their GREEN consent card today so that we can bring back accountability to Better and create long-term value.<\/p>\n<p>\nEvery shareholder\u2019s consent is important. It is time for a better BETR \u2013 which is why the Garg Group urges all shareholders to sign, date and return the <b><span class=\"bwuline\">GREEN CONSENT CARD<\/span><\/b> in favor of the Garg Group\u2019s proposals to remove Board members Daniel Lewis, Harit Talwar, Arnaud Massenet, Bhaskar Menon and Prabhu Narasimhan.<\/p>\n<p>\nTo learn more about why leading independent voices support this effort, including perspectives from corporate governance experts and proxy advisory firm Egan-Jones, and for information about the Garg Group&#8217;s independent director candidates, visit: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.betrvote.com&amp;esheet=54608720&amp;newsitemid=20260922086511&amp;lan=en-US&amp;anchor=www.betrvote.com&amp;index=1&amp;md5=d2a5eaa6170a5ffedf3c96cc3c6a9534\">www.betrvote.com<\/a>.<\/p>\n<p><b>Important Note: <\/b>The three director candidates identified in this press release have expressed their willingness to serve as Board members if the consent solicitation is successful, however no agreement has been reached with them. Further, the consent solicitation will not automatically result in their appointment to the Board. Rather, they would be nominated by Mr. Garg and their appointments would depend on obtaining approval from a majority of Board members at that time.<\/p>\n<p><b>About Vishal Garg<\/b><\/p>\n<p>\nVishal Garg is the Founder, Board Member &amp; former CEO of Better.com, the leading AI mortgage platform. Under Vishal&#8217;s leadership, Better.com has provided over $110BN in home financing and provided over $35BN in cumulative coverage through Better Cover and Better Settlement Services, the insurance divisions of Better.com. Better.com has raised over $1.75BN in equity capital and is backed by SoftBank, L Catterton, Kleiner Perkins, Goldman Sachs, Ally Bank, American Express, Citi, IA Ventures and other investors.<\/p>\n<p>\nPrior to founding Better.com, Vishal founded 1\/0 Capital, an early-stage investment firm focused on investments in fintech, data science and consumer products companies. Notable seed stage investments include Paribus, Ramp, Juul, Trumid, Creditas, Climb Credit, Notable, Bland AI, Maxhome AI, among many others which cumulatively have created over $100 billion in market value over the last 10 years.<\/p>\n<p>\nVishal previously co-founded MyRichUncle.com, the first online student lender, which he started in 1999 with $30,000 at the age of 21 and built into the fourth largest publicly traded private student loan company in the US. Prior to MyRichUncle, Vishal was an investment banking analyst at Morgan Stanley &amp; Co.<\/p>\n<p><b>IMPORTANT INFORMATION<\/b><\/p>\n<p>\nVishal Garg, together with the other participants in his solicitation, has filed a definitive consent solicitation statement with the SEC in connection with the solicitation of written consents from Better stockholders. Stockholders are urged to read the definitive consent solicitation statement and other solicitation materials carefully because they contain important information. The definitive consent solicitation statement is available free of charge through the SEC. GREEN consent cards are being distributed directly to stockholders, including by UPS.<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\">_____________________________________<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><sup>1<\/sup> Share price drop calculated from close of trading on August 3, 2026 through close of trading on September 21, 2026.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><sup>2<\/sup> The current voting support reported by the Garg Group represents a preliminary tabulation of consents received by the Garg Group and does not represent the consent solicitation final voting results. The reported current level of voting support does not represent final voting results that were verified by an independent inspector and may change at any time or by revocations prior to formally delivering the consents.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\n\u00a0<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260922086511r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260922086511\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260922086511\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:info@onezerocapital.com\">info@onezerocapital.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"mailto:garggroup@longacresquare.com\">garggroup@longacresquare.com<\/a><\/p>\n<p><b>Investor Contact:<br \/>\n<\/b><br \/>Bruce Goldfarb \/ Chuck Garske<br \/>\n<br \/>Okapi Partners LLC<br \/>\n<br \/>(877) 629-6357<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:info@okapipartners.com\">info@okapipartners.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Construction &amp; Property Finance Consulting Fintech Professional Services Software Artificial Intelligence Residential Building &amp; Real Estate<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Garg Group Condemns Better Home &amp; Finance\u2019s False Statements and Underhanded Tactics Designed to Prevent Shareholders from Upgrading the Board Daniel Lewis\u2019 and the Board\u2019s Smear Campaign Represents a New Low \u2013 It is Time to Restore Accountability and Real Leadership to Better Urges Shareholders to Submit Their Consent on the GREEN CONSENT CARD to Support the Garg Group\u2019s Proposals to Remove Directors Daniel Lewis, Harit Talwar, Arnaud Massenet, Bhaskar Menon and Prabhu Narasimhan from the Board NEW YORK&#8211;(BUSINESS WIRE)&#8211; Vishal Garg, founder and former CEO of Better Home &amp; Finance Corporation (\u201cBetter\u201d or the \u201cCompany\u201d) (Nasdaq: BETR) and a significant shareholder in the Company, today criticized the Company\u2019s recent statements and actions related to the Garg Group\u2019s consent solicitation &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/garg-group-condemns-better-home-finances-false-statements-and-underhanded-tactics-designed-to-prevent-shareholders-from-upgrading-the-board\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Garg Group Condemns Better Home &amp; Finance\u2019s False Statements and Underhanded Tactics Designed to Prevent Shareholders from Upgrading the Board&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1005122","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Garg Group Condemns Better Home &amp; Finance\u2019s False Statements and Underhanded Tactics Designed to Prevent Shareholders from Upgrading the Board - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/garg-group-condemns-better-home-finances-false-statements-and-underhanded-tactics-designed-to-prevent-shareholders-from-upgrading-the-board\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Garg Group Condemns Better Home &amp; Finance\u2019s False Statements and Underhanded Tactics Designed to Prevent Shareholders from Upgrading the Board - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Garg Group Condemns Better Home &amp; Finance\u2019s False Statements and Underhanded Tactics Designed to Prevent Shareholders from Upgrading the Board Daniel Lewis\u2019 and the Board\u2019s Smear Campaign Represents a New Low \u2013 It is Time to Restore Accountability and Real Leadership to Better Urges Shareholders to Submit Their Consent on the GREEN CONSENT CARD to Support the Garg Group\u2019s Proposals to Remove Directors Daniel Lewis, Harit Talwar, Arnaud Massenet, Bhaskar Menon and Prabhu Narasimhan from the Board NEW YORK&#8211;(BUSINESS WIRE)&#8211; Vishal Garg, founder and former CEO of Better Home &amp; Finance Corporation (\u201cBetter\u201d or the \u201cCompany\u201d) (Nasdaq: BETR) and a significant shareholder in the Company, today criticized the Company\u2019s recent statements and actions related to the Garg Group\u2019s consent solicitation &hellip; 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Finance\u2019s False Statements and Underhanded Tactics Designed to Prevent Shareholders from Upgrading the Board - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/garg-group-condemns-better-home-finances-false-statements-and-underhanded-tactics-designed-to-prevent-shareholders-from-upgrading-the-board\/","og_locale":"en_US","og_type":"article","og_title":"Garg Group Condemns Better Home &amp; Finance\u2019s False Statements and Underhanded Tactics Designed to Prevent Shareholders from Upgrading the Board - Market Newsdesk","og_description":"Garg Group Condemns Better Home &amp; Finance\u2019s False Statements and Underhanded Tactics Designed to Prevent Shareholders from Upgrading the Board Daniel Lewis\u2019 and the Board\u2019s Smear Campaign Represents a New Low \u2013 It is Time to Restore Accountability and Real Leadership to Better Urges Shareholders to Submit Their Consent on the GREEN CONSENT CARD to Support the Garg Group\u2019s Proposals to Remove Directors Daniel Lewis, Harit Talwar, Arnaud Massenet, Bhaskar Menon and Prabhu Narasimhan from the Board NEW YORK&#8211;(BUSINESS WIRE)&#8211; Vishal Garg, founder and former CEO of Better Home &amp; Finance Corporation (\u201cBetter\u201d or the \u201cCompany\u201d) (Nasdaq: BETR) and a significant shareholder in the Company, today criticized the Company\u2019s recent statements and actions related to the Garg Group\u2019s consent solicitation &hellip; Continue reading \"Garg Group Condemns Better Home &amp; Finance\u2019s False Statements and Underhanded Tactics Designed to Prevent Shareholders from Upgrading the Board\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/garg-group-condemns-better-home-finances-false-statements-and-underhanded-tactics-designed-to-prevent-shareholders-from-upgrading-the-board\/","og_site_name":"Market Newsdesk","article_published_time":"2026-09-22T16:55:04+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260922086511r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/garg-group-condemns-better-home-finances-false-statements-and-underhanded-tactics-designed-to-prevent-shareholders-from-upgrading-the-board\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/garg-group-condemns-better-home-finances-false-statements-and-underhanded-tactics-designed-to-prevent-shareholders-from-upgrading-the-board\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Garg Group Condemns Better Home &amp; 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