Vishal Garg, founder and former chief executive of Better Home & Finance Corporation (Nasdaq: BETR), has filed a definitive consent statement with the Securities and Exchange Commission seeking written consents from shareholders to remove five members of the company's board of directors.

The filing targets board members Daniel Lewis, Harit Talwar, Arnaud Massenet, Bhaskar Menon, and Prabhu Narasimhan. Garg, who was ousted as CEO in August 2026, is soliciting support through a green consent card and has set a target date of Sept. 18, 2026 for the submission of written consents.

An accompanying investor presentation, filed under amended DFAN 14-A, contrasts Better's performance under Garg's leadership with results following his removal. According to the filing, by Aug. 3, 2026, Better had grown funded loan volume 2.5 times, increased revenue by 15%, and improved adjusted EBITDA by more than 26% under Garg's tenure.

"Daniel Lewis lacks the mortgage, fintech, and operating experience Better needs, and their decisions since taking control have demonstrated poor judgment and failed to protect shareholder value," Garg said in a statement accompanying the filing.

Garg's proposal includes installing a new chief executive and forming what he described as a diverse and independent board, while retaining a role for himself focused on product and innovation.

The press release states that the board's actions following Garg's removal prompted pushback from the company's largest shareholders, though it does not identify those shareholders by name.

Garg is a significant stockholder in Better, which he founded 12 years ago. The company has raised over $1.75 billion in equity capital and is backed by investors including SoftBank, Goldman Sachs, and Ally Bank, according to the release.