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Better.com founder secures majority shareholder votes to oust board and regain control after CEO firing.

Market News
30 Sep 2026
New York Post
View Source
Neutral
Better.com founder secures majority shareholder votes to oust board and regain control after CEO firing.

Better.com founder Vishal Garg has obtained written consent from shareholders holding over 51% of voting power to remove interim CEO Daniel Lewis and four other board members who ousted him in August. This move could allow Garg to reshape the board and regain influence at the digital mortgage lender, whose valuation has dropped significantly since its 2021 SPAC deal. Garg does not plan to return as CEO but aims to become head of product and innovation while installing an outside interim CEO with mortgage expertise. The conflict followed Garg's controversial firing and a bitter boardroom battle marked by shifting alliances and legal disputes.

Better.com founder Vishal Garg's shareholder move is presented here with a snapshot of the Financials sector on Pluang as of Sep 30, 2026 23:41 WIB. Among 85 priced US Financials stocks, only 15 rose while 69 fell. Robinhood Markets (HOOD) traded at USD 113.88 with a typical hold time of 74 days and strong buy interest at 85%, contrasting with Banco Santander (SAN) at USD 13.93 and TeraWulf (WULF) at USD 14.81, both showing similar sell pressures but shorter hold times.

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