State Seeks Restitution From Disgraced Speaker Hubbard

August 8, 2016

By Bill Britt
Alabama Political Reporter

MONTGOMERY—In a Supplemental Brief in support of a sentencing recommendation filed Friday, the State is asking that disgraced former Speaker Mike Hubbard be ordered to pay, $1,125,000.00 in restitution for his criminal acts.

SEE BRIEF HERE

In July, Hubbard was convicted on 12 felony counts of public corruption, sentenced to four years hard time and sixteen years probation. The State had asked trial Judge Jacob Walker, III, to order restitution for Hubbard’s acts. However, Judge Walker said he couldn’t find statutory grounds for the State’s request, but allowed the State time to present additional case law.
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Hubbard Sells Auburn Network Building (Guess when?)

June 29, 2016

By Bill Britt
Alabama Political Reporter

MONTGOMERY—On the same day Mike Hubbard was found guilty of 12 felony counts of public corruption, the building that houses his Auburn Network, LLC, sold for a cash price of $810,000.00 to New Life Properties, LLC.

Hubbard was co-owner of the building located at 197 E University Drive in Auburn.

The titled owner at the time of the sale was Weagle, LLC., which is a North Carolina based LLC in which Hubbard is a named partner, according to State filing. The seller’s closing documents were signed by Mark H. Reese as member of Weagle, LLC.
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