Better Founder Vishal Garg Files Court Response, Citing Board Contradictions and Shareholder Value Losses

Vishal Garg, founder and former CEO of Better.com, filed a court opposition against the company's request for injunctive relief to halt his shareholder consent solicitation. Garg argues the Board's actions are contradictory, noting the company's own filings describe him as 'critical to operations' and shareholders re-elected him with 99.53% support in June, yet the Board terminated him in August and later offered him a $15M+ package. Better's stock fell 41.6% the day after his removal and declined nearly 60% by August 21. Garg is seeking to remove five Board members and return the company to profitability.