Commission President Bettye Fine Collins discusses Jefferson County’s options as clock runs out.
Popularity: 5% [?]
Commission President Bettye Fine Collins discusses Jefferson County’s options as clock runs out.
Popularity: 5% [?]
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Popularity: 11% [?]
As expected, the SEC has filed a lawsuit in federal court here against Mayor Larry Langford, Montgomery investment banker Bill Blount and lobbyist Al LaPierre. The SEC’s complaint is a civil lawsuit, so nobody is getting arrested or going to jail. That’s the Justice Department’s end of things and they’re still working at it.
In the meantime, the SEC wants Blount, LaPierre and Langford to repay money they received in various bond deals from Langford’s tenure at the Jefferson County Commission. According to the lawsuit, Blount paid off more than $150,000 of Langford’s personal debts, while Langford directed more than $6.7 million in fees to Blount’s investment firm, Blount Parrish.
Popularity: 16% [?]
