ISS Recommends Better Shareholders Oppose Garg's Board Removal Campaign

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Summary · why it matters

The Special Committee of the Board of Directors of Better Home & Finance Holding Company announced that Institutional Shareholder Services has recommended shareholders oppose Vishal Garg's campaign to remove a majority of the board. ISS advises shareholders to revoke consent on the white consent revocation card, noting that Garg cannot distance himself from the company's current state and bears responsibility for its lost value. The Special Committee unanimously urges shareholders to sign and return the white card, and those who previously signed a green card may revoke it. The committee calls on Garg to end his costly and distracting campaign, allowing the board to focus on stabilizing the business.

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