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Robbins LLP Reminds Investors of Class Action Against Better Home

Shareholder rights law firm Robbins LLP has filed a class action lawsuit against Better Home & Finance Holding Company. The suit alleges the company misled investors regarding its business prospects.

23 September 2026
Robbins LLP Reminds Investors of Class Action Against Better Home

Shareholder rights law firm Robbins LLP is reminding investors of a class action lawsuit filed against Better Home & Finance Holding Company (NASDAQ: BETR). The complaint alleges that the company misled investors about its business prospects during the period between March 13, 2026, and May 7, 2026. Better Home operates as a homeownership company in the United States, providing loans to financial institutions.

The lawsuit claims that Better Home failed to disclose that its sales funnel was slowing due to macroeconomic factors, jeopardizing its target of achieving $1 billion in funded loan volume per month. Defendants allegedly made positive statements about the company's business that were materially misleading.

The situation came to light on May 7, 2026, when Better Home released its first-quarter financial results and provided a lower-than-expected loan volume forecast for the second quarter. During an earnings call that day, CEO Vishal Garg acknowledged that conversion rates had declined and that the $1 billion monthly funded volume target was likely to be deferred.

Following this news, Better Home's stock price dropped by 28.5%, closing at $30.52 per share on May 7, 2026. Robbins LLP urges investors who incurred significant losses during the specified class period to contact the firm before the November 20, 2026, lead plaintiff deadline for more information on participating in the lawsuit.

Original source: prnewswire.com