Better Deploys Poison Pill In Escalating Fight With Garg
The shareholder rights plan adds a 15% ownership trigger while the former CEO solicits shareholder consent to remove five of Better’s eight directors
The shareholder rights plan adds a 15% ownership trigger while the former CEO solicits shareholder consent to remove five of Better’s eight directors
The former CEO acknowledges an “administrative error” left him without enough consents to remove five directors, but his formal campaign for board control is moving forward
The mortgage lender says its former CEO’s board-removal campaign has fallen short, but an SEC filing confirms Garg has investors discussing leadership changes
Founder claims majority shareholder support; company blames him for its delayed 10-Q and raises possible securities-law concerns
Lawsuit by former EVP for sales & operations seeks $195 million in compensatory & punitive damages.