• Better Home, in a complaint filed Tuesday in the U.S. Southern District of New York, alleges Garg violated two federal securities laws by “cultivating a coalition of shareholders” and “flooding the market with misleading statements” to reinstall himself as CEO.

  • The company’s board voted unanimously—excluding Garg—to remove him as CEO on Aug. 3, citing net losses exceeding $1.5 billion since 2022 and a more than 90% plunge in Better Home’s stock price under his tenure, according to the complaint