US tech firm asks court to block CEO who fired 900 in 79-second call

Better Home & Finance is suing former CEO Vishal Garg in a US court. The company seeks to block Garg from gathering shareholder support for his return. Garg allegedly violated securities laws by making misleading statements to regain his position. The board unanimously removed Garg after significant company losses and stock decline. Garg seeks reinstatement, offering to work for one dollar annually.

By TOI TECH DESK