The second was October 10 at WOOD-TV in Grand Rapids. DeVos was more aggressive than before, declaring that Granholm had lied about him having a controlling stake in Alterra Health Care, an elder-care company that suppressed information about the abuse of residents by its employees. According to SEC filings, DeVos and his investment partners jointly owned 40% of Alterra stock totalling $173 million. The chairman of Alterra's board, while a close associate of DeVos, nevertheless maintains that DeVos had no part of running the company himself.