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shareholder_activism

Garg Group Extends Better Home & Finance Board Ouster Deadline to Sept. 18

NEW YORK – September 12, 2026 -- Vishal Garg, founder and former CEO of Better Home & Finance Holding Company, has pushed back the deadline for stockholders to submit written consents to remove five board members to September 18, 2026, citing the need to give recently notified shareholders more time to review solicitation materials.

Garg Group targets five directors for removal

The Garg Group, which includes Vishal Garg and other participants in his solicitation, has filed a definitive consent solicitation statement with the U.S. Securities and Exchange Commission seeking to oust Daniel Lewis, Arnaud Massenet, Bhaskar Menon, Prabhu Narasimhan and Harit Talwar from Better's board. The group states the removals are intended to reverse what it calls value-destructive actions, restore the company's cost transformation strategy, and initiate a search for a long-term CEO.

Al Shams to Nominate Five Directors to Take Control of Braemar Board

Pembroke, Bermuda – September 11, 2026 -- Al Shams Investments Limited, the largest shareholder of Braemar Hotels & Resorts Inc. (NYSE: BHR), said it will nominate a full slate of five independent directors sufficient to take control of the hotel REIT's board.

Braemar set a September 14 nomination deadline days after announcing its annual meeting

Braemar disclosed the date of its 2026 Annual Meeting on September 4, attaching a shareholder director-nomination deadline of September 14 and making the announcement immediately ahead of a long holiday weekend. Al Shams called the compressed window part of a pattern of governance practices it has criticized in prior letters to shareholders.