Sec Investigating Better.com For Securities Law... Apr 2026

The U.S. Securities and Exchange Commission (SEC) into Better.com and its SPAC partner, Aurora Acquisition Corp., on August 3, 2023, without recommending any enforcement action. Key Details of the Investigation

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The SEC requested documents regarding Better’s business operations, related party transactions, and the actions of CEO Vishal Garg. Aurora Acquisition Corp.

The probe began in July 2022 following a lawsuit from former executive Sarah Pierce, who alleged the company misled investors about its financial health to ensure the SPAC merger proceeded. on August 3