Law Offices of Howard G. Smith Encourages Better Home & Finance Holding Company (BETR) Shareholders To Inquire About Securities Fraud Class Action

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Better Home & Finance Holding Company (“Better Home” or the “Company”) (NASDAQ: BETR) common stock between March 13, 2026 and May 7, 2026, inclusive (the “Class Period”). Better Home & Finance Holding Company investors have until November 20, 2026 to file a lead plaintiff motion.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN BETTER HOME & FINANCE HOLDING COMPANY (BETR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [e-mail], by telephone at [phone] or visit our website at www.howardsmithlaw.com.

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 that: (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.

Contact Us To Participate or Learn More:

If you purchased Better Home & Finance Holding Company common stock, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: [phone]
Email: [e-mail],
Visit our website at: www.howardsmithlaw.com.

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