HUBBARD TRIAL Day 4 Afternoon

Viewed: 2193

Posted by: Staff
Date: May 27 2016 4:52 PM

HUBBARD TRIAL DAY 4 AFTERNOON- MAYOR BOSWELL STILL ON THE STAND. BAXLEY ASKS ABOUT THE HIRING OF HUBBARD TO CONSULT FOR THE SEAGD. BOSWELL SAYS HE VOTED ON THE RECOMMENDATION OF A COMMITTEE THAT WAS APPOINTED. BOSWELL STATES HE WAS AWARE OF THE LETTER FROM THE ETHICS COMMISSION THAT ALLOWED HUBBARD TO WORK FOR THE DISTRICT UNDER CERTAIN CONDITIONS. THE MAIN RESTRICTION OF THE CONTRACT WAS THAT HUBBARD COULD NOT USE HIS POSITION OR HIS ELECTED POSITION IN THE PERFORMANCE OF HIS CONSULTING DUTIES.  BOSWELL IS FINISHED.

THE NEXT WITNESS IS NANCY CHANDLER ESJC PAST PRESIDENT RETIRED. THERE CAME A TIME WHEN CHANDLER BECAME AWARE OF A BUILDING THAT COULD BE REUSED AS A TECHNICAL TRAINING FACILITY. CHANDLER WENT TO A DINNER WHERE HUBBARD WAS IN ATTENDANCE TO GET A CHANCE TO DISCUSS FUNDING OF THE PROJECT. NO QUESTIONS FROM THE DEFENSE.

COURT IS IN RECESS WHILE LAWYERS ARGUE OVER AN ISSUE AS TO THE ADMITTING OF CERTAIN INFORMATION. THE JURY IS OUT

JOHN DOWNEY WORKS AT REGIONS BANK IN THE COMMERCIAL LOAN DIVISION. DOWNEY TALKS ABOUT REGIONS MADE A LOAN TO THE SWAN COMPANY FOR THE PURCHASE OF THE BUILDING THAT HOUSED CRAFTMASTERS. AT SOME POINT THE LOAN WAS REFERRED TO THE PROBLEM LOAN DEPARTMENT. IN EARLY OCTOBER REGIONS MET WITH THE OWNERS OF CRAFTMASTERS INCLUDING HUBBARD, AND WHATLEY TO DISCUSS PAYMENT OF THE DELINQUINT LOANS. DOWNEY DISCUSSE HOW THE OWNERS PLANNED TO TURN AROUNT THEIR COMPANY. HUBBARD PRESENTED A PLAN TO THE BANK TO RAISE $1.5 MILLION FROM 10 INVESTORS, ALSO THERE WOULD BE SOME SHIFTING OF PERSONNEL TO HELP WITH SALES.

HUBBARD HAD SOLD HIS INVESTORS ON THE IDEA OF GETTING HIS INVESTOR A 6% RETURN ON THEIR INVESTMENT. DOWNEY SAID HE WAS WILLING TO MAKE THE DEAL BECAUSE HE FELT THAT IF ANYONE COULD RAISE THE MONEY HUBBARD COULD.

BAXLEY ASKS ABOUT PAYING THE MONEY BACK, AND WAS IT UNUSUAL FOR BUSINESS TO HAVE DEBT AND GET TO A POINT WHERE THEY NEEDED HELP? DOWNEY SAID THE BANK HAD CONFIDENCE THAT HUBBARD WOULD TURN IT AROUND.

NEXT UP IS TIM HAMRICK WORKS FOR APCI  HAMRICK IS THE ONE WHO HIRED HUBBARD TO CONSULT FOR THE PHARMACY GROUP. FERREL PATRICK WAS THE PERSON WHO RECOMMENDED HUBBARD FOR THE JOB. HAMRICK IS SHOWN HUBBARDS CONTRACT WHICH PROHIBITS HIM FROM WORKING IN ALABAMA. HAMRICK IS ASKED ABOUT STARTING A PBM TO HELP SAVE MONEY FOR MEDICAID. HAMRICK IS SHOWN A LETTER. THE WITNESS SAYS THEY WERE IN FAVOR OF THE PBM ONLY IF APCI WAS RUNNING IT, AND READS A LETTER WHERE HE THANKS HUBBARD FOR GETTING IT DONE.

BAXLEY SHOWS HAMRICK COPIES OF SEVERAL LETTERS ALL SENT TO DIFFERENT LEGISLATORS THAT THANKS THEM FOR HELPING GET THE LANGUAGE IN THE BILL THAT WAS NEEDED AND HELPING GET IT PASSED. BAXLEY ASKS HAMRICK TOEXPLAIN WHAT APCI IS AND HOW A PBM WORKS. HAMRICK SAYS THE 2 WAYS PBMS MAKE MONEY IS BY CUTTING THE AMOUNT PAID TO PHARMACIES AND THE OTHER WAY IS TO GET REBATES FROM THE DRUG COMPANIES. BAXLEY REFERS BACK TO THE CONTRACT THAT HUBBARD SIGNED WITH THEM, AS PROHIBITING HUBBARD FROM WORKING IN ALABAMA.

WITNESS IS DISMISSED, COURT BREAKS

KENNY SANDERS TAKES THE STAND AND WORKS FOR CVS. APCI WAS FORMED TO LET SMALL INDEPENDENT PHARMACIES POOL THEIR RESOURCES AND GIVE THEM A STRONGER BUYING POWER. SANDERS IS SHOWN AN EMAIL IN THE EMAIL SANDERS REFERS TO HUBBARD HAVING THE CONNECTIONS THROUGH HIS OFFICE TO NETWORK WITH OTHER LEGISLATORS OUTSIDE THE STATE. SANDERS SAID THAT HE KNEW HUBBARD COULD NOT LOBBY IN OUR STATE. SANDERS SAYS IN AN EMAIL THAT HE DOES NOT WANT MIKE HUBBARDS INFORMATION PUT INTO A BROSCHURE BECAUSE HE DIDN’T WANT IT TO LOOK LIKE THEY WERE GETTING HELP IN ALABAMA BECAUSE HUBBARDS CONTRACT DID NOT ALLOW HIM TO LOBBY IN THIS STATE.

BAXLEY ASKS ABOUT PBM REBATES, SANDERS EXPLAINS THAT THOSE THAT SELL LARGE VOLUMES OF CERTAIN DRUGS CAN GET REBATES FROM DRUG COMPANIES.

 

 

 

 

<- back