Founder Sues to Reclaim CEO Role | India News

India News Today | 2 Min News | The Daily News Now! · Aug 21, 2026 · 1m

Better Home and Finance is suing its founder Vishal Garg, demanding a 30-day ban on his efforts to rally shareholder support in his bid to reclaim his CEO role after being ousted last month. The company accuses him of violating securities laws with misleading statements, while Garg dismisses the claims and counters that current leadership may be at fault. His controversial past—including firing 900 employees via Zoom—has resurfaced as critics highlight poor culture and controls under his leadership. Despite the company’s steep valuation drop and $1.5B in losses since 2022, Garg insists he can…