CEO Who Fired 900 People On Zoom—Allegedly Calling Employees ‘Monkeys’—Faces Lawsuit From His Company
2 months ago by VetOfTheSeas to c/workreform
Better Home, in a complaint filed Tuesday in the U.S. Southern District of New York, alleges Garg violated two federal securities laws by “cultivating a coalition of shareholders” and “flooding the market with misleading statements” to reinstall himself as CEO.
The company’s board voted unanimously—excluding Garg—to remove him as CEO on Aug. 3, citing net losses exceeding $1.5 billion since 2022 and a more than 90% plunge in Better Home’s stock price under his tenure, according to the complaint
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@lemmy.world
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
Our Goals
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@lemmy.world
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
Our Goals
go to feed...
He should of faced an ass whooping.
save