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Better whistle-blower suit accuses CEO Vishal Garg of misleading investors

CEO Vishal Garg misled investors in his effort to keep them on board with his plans to take the company public, an ex-executive said in a complaint filed Tuesday in Manhattan federal court

Better CEO, Vishal Garg accused
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CEO Vishal Garg misled investors in his effort to keep them on board with his plans to take the company public, an ex-executive said in a complaint filed Tuesday in Manhattan federal court.

Robert Burnson | Bloomberg
Better, the online mortgage lender whose chief executive officer infamously fired 900 staffers on a Zoom call, is now facing a whistle-blower lawsuit.

CEO Vishal Garg misled investors in his effort to keep them on board with his plans to take the company public, an ex-executive said in a complaint filed Tuesday in Manhattan federal court.

Sarah Pierce, Better’s former executive vice president for sales and operations, says she was fired in February after directly confronting Garg and other company brass about his misstatements.

A Better spokesperson said a lawyer for the company said the claims are “without merit” and that the company