Vishal Garg Disputes Better CEO Termination Claims in Court

Vishal Garg, the founder of Better, has filed court documents asserting his version of events regarding his removal as CEO, directly challenging claims made by the company. In a declaration filed on March 15, 2024, as part of a legal dispute, Garg stated that he was not terminated but rather that the board of directors, which he chairs, made a decision to remove him from his CEO role. He specifically contested the assertion that his termination was due to alleged misconduct or performance issues. Instead, Garg pointed to the financial performance of Better, particularly the volume generated by its subsidiary Tinman AI, as evidence of the company's strength under his leadership. He cited Tinman AI's fourth-quarter 2025 volume, which reached $646 million, as a key indicator of the company's ongoing success. This figure is presented as a counterpoint to any narrative suggesting financial distress or mismanagement that might have precipitated his ouster. Garg's filing aims to set the record straight and potentially influence the ongoing legal proceedings concerning his departure from the helm of Better, a company he founded and has been instrumental in shaping. The legal battle appears to center on the circumstances and justifications for his removal, with Garg seeking to present a narrative that emphasizes his contributions and the company's financial health. Better, a digital mortgage lender, has faced significant scrutiny and market challenges in recent years, making the internal leadership dispute a critical factor in its future direction. Garg's legal strategy involves presenting specific financial data, such as the $646 million Q4 2025 volume for Tinman AI, to support his claims that the company was performing well. This detailed financial information is intended to bolster his argument that his removal was not a consequence of poor performance or financial instability. The court filings are expected to shed further light on the internal dynamics and disagreements that led to this high-profile leadership change within the fintech industry. The dispute highlights the complexities of corporate governance and founder departures, especially in rapidly evolving and competitive markets. Garg's legal team is likely to use these filings to build a case that his removal was either unjustified or based on misrepresented facts, using the financial figures as concrete evidence.