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Leave Delaware
@LeaveDelaware
Official Home of the DExit Movement. 🇺🇸 America’s business migration, tracked in real time. Companies, capital & talent leaving high-cost, high-risk states
Joined August 2024
553 Following    34.8K Followers
🚨 NEW: FOUNDER VISHAL GARG HAS SUED HIS OWN BOARD IN DELAWARE CHANCERY, ASKING THE COURT TO INVALIDATE A “POISON PILL” ADOPTED AFTER HIS OUSTER. Garg alleges the board used the rights plan to block his effort to remove five directors and regain control. Better says his shareholder campaign violates federal securities laws and is separately trying to stop it in federal court. (HousingWire) The explosive detail: Garg says the board offered him a vice chairman and adviser package worth more than $15 million just three days after firing him as CEO. Better shares had fallen nearly 60% from his removal through August 21, according to his filing. (National Mortgage Professional)
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