π Fired CEO wants back, faces legal block
US tech company Better Home & Finance sued former CEO Vishal Garg to block his campaign for reinstatement. Better Home filed the complaint in the US Southern District of New York against Garg. The company cites net losses over $1.5 billion since 2022 and a 90% stock price fall during his tenure. Garg is accused of violating securities laws by seeking shareholder support without proper SEC filings. The court is asked to stop him from campaigning for 30 days and void any existing approvals. π