The Law Offices of Frank R. Cruz reminds investors of the upcoming November 20, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who purchased or otherwise acquired Better Home & Finance Holding Company (“Better Home” or the “Company”) (NASDAQ: BETR) securities between March 13, 2026 and May 7, 2026, inclusive (the “Class Period”).
IF YOU ARE AN INVESTOR WHO LOST MONEY ON BETTER HOME & FINANCE HOLDING COMPANY (BETR), CLICK HERE TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT.
What Happened?
On May 7, 2026, before the market opened, Better Home released its first quarter 2026 financial results, including “guidance of Loan Volume of $1.575 to $1.725 billion” for the second quarter of 2026, falling short of the previously issued guidance of $1.0 billion in Monthly Loan Volume by the end of May 2026. During the earnings call held the same day, the Company’s Chief Executive Officer, Vishal Garg, stated that “conversion rates are down from where they were in Q1” and “customers are not converting at nearly the same rate.” Garg revealed that, as a result, the achievement of “our $1 billion monthly funded volume target . . . looks like it's going to be deferred.”
On this news, Better Home’s stock price fell $12.17, or 28.5%, to close at $30.52 per share on May 7, 2026, thereby injuring investors.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company’s conversion funnel was already slowing due to macro factors; (2) that, as a result, the Company’s $1 billion monthly funded volume target was likely to be deferred; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you purchased or otherwise acquired Better Home & Finance Holding Company securities between March 13, 2026 and May 7, 2026, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is November 20, 2026.
Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us:
Frank R. Cruz
The Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Century City, California 90067
Email us at: info@frankcruzlaw.com
Call us at: 310-914-5007
Visit our website at www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260923335857/en/
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com