Alpharel Stock Transfer is Made to Denver Firm
- Share via
Michael McGovern--the founder of Alpharel in Camarillo--said he has transferred 150,000 of his shares in the troubled data storage firm to Eatherton & Co. in Denver. The stock transfer was a payment for consulting services Eatherton provided to McGovern, who was considering launching a proxy battle to regain control of the company after being ousted as its chairman. McGovern dropped his plans in April after he and the company reached agreement.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
