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Better.com Sues Ex-CEO Vishal Garg to Block His Bid to Reclaim Leadership

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Better Home & Finance has filed a lawsuit in a US court against its former CEO Vishal Garg. The company is seeking a court order to prevent Garg from lobbying shareholders to support his return to the top role. Garg allegedly made misleading statements in violation of securities laws as part of his reinstatement campaign. The board had unanimously ousted him following substantial company losses and a sharp decline in stock value. Garg has offered to serve as CEO for just one dollar per year if reinstated.

Read the full story at Times of India

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