# Garg Vishal — litigation [announced]
Source: sec.gov · situation sit_e5b7e5a63708a183f484 · public 9393932230525279318 · retrieved 2026-08-19T12:56:11.060Z

## Overview
Better Home & Finance Holding Co is a loan broker engaged in the mortgage lending business.

On August 17, 2026, Vishal Garg and a group of stockholders (including Red Mango, Christopher Parker, Nicholas Calamari, 1/0 Mortgage Investment LLC, Better Portfolio Holdings 1, Ron Beller, Ziggy Johnson, and Global Investment Ventures LLC) delivered written consents intended to remove five directors—Daniel Lewis, Arnaud Massenet, Bhaskar Menon, Prabhu Narasimhan, and Harit Talwar—from Better Home & Finance Holding Co's board. However, the consents were later found to be insufficient due to an administrative error in the share count provided by the Issuer. The group disbanded its removal efforts. On the same day, Garg filed a preliminary consent solicitation statement (Schedule 14A) to formally commence a stockholder consent solicitation to remove the same five directors. On August 18, 2026, Better Home & Finance filed a federal lawsuit in the U.S. District Court for the Southern District of New York against Garg, alleging violations of Section 13(d) of the Securities Exchange Act (failure to timely file a complete Schedule 13D disclosing the group), Section 14(a) and Rule 14a-3 (unlawful proxy/consent solicitation without a compliant proxy statement), and Section 14(a) and Rule 14a-9 (materially false and misleading statements in solicitation materials). The Issuer seeks a temporary restraining order and preliminary injunction to halt further solicitation until Garg files a compliant Schedule 13D and consent solicitation statement, corrective disclosure, and a declaration voiding any consents obtained through the unlawful solicitation.

## Terms
- Counterparty: Better Home & Finance Holding Co · Stake: 13.7%

## Key dates
- Announced 2026-08-19

## Timeline
- 2026-08-19 · SCHEDULE 13D/A (0001193805-26-001110): SCHEDULE 13D/A - Garg Vishal — *Better Home & Finance Holding Co is a loan broker engaged in the mortgage lending business.* On August 17, 2026, Vishal Garg and a group of stockholders (including Red Mango, Christopher Parker, Nicholas Calamari, 1/0 Mortgage Investment LLC, Better Portfolio Holdings 1, Ron Beller, Ziggy Johnson, and Global Investment Ventures LLC) delivered written consents intended to remove five directors—Daniel Lewis, Arnaud Massenet, Bhaskar Menon, Prabhu Narasimhan, and Harit Talwar—from Better Home & Finance Holding Co's board. However, the consents were later found to be insufficient due to an administrative error in the share count provided by the Issuer. The group disbanded its removal efforts. On the same day, Garg filed a preliminary consent solicitation statement (Schedule 14A) to formally commence a stockholder consent solicitation to remove the same five directors. On August 18, 2026, Better Home & Finance filed a federal lawsuit in the U.S. District Court for the Southern District of New York against Garg, alleging violations of Section 13(d) of the Securities Exchange Act (failure to timely file a complete Schedule 13D disclosing the group), Section 14(a) and Rule 14a-3 (unlawful proxy/consent solicitation without a compliant proxy statement), and Section 14(a) and Rule 14a-9 (materially false and misleading statements in solicitation materials). The Issuer seeks a temporary restraining order and preliminary injunction to halt further solicitation until Garg files a compliant Schedule 13D and consent solicitation statement, corrective disclosure, and a declaration voiding any consents obtained through the unlawful solicitation.
  https://www.sec.gov/Archives/edgar/data/1297602/0001193805-26-001110.txt

## Citations
- 0001193805-26-001110 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119380526001110