The Audit Found Why Pike Needed Thursday To Come First
Part 5 · 3 min read ·
"An address isn't enough," Naomi said.
Mavis stood beside my truck, phone against her ear.
"Agreed. But the manager's name on the filing is Alden R. Pike. I'll send the whole record, including the filing date."
She ended the call and looked at me.
"Now we ask who approved those checks."
Company counsel kept us out of the accounting review. That was fair. I was a creditor with my own claim, and Mavis worked for me.
The board brought in an outside accountant. We went back to Naomi's office and waited for records the company agreed to share.
Waiting was harder than walking through the bay.
I had spent years solving trouble with a wrench, a tag, or a call to maintenance. Now every useful move belonged to someone with permission I did not have.
At lunch, I ordered a pork sandwich and could barely eat it.
"You've done your piece," Mavis said.
"I keep thinking what he could have done with that repair money."
She unfolded the corner of her sandwich wrapper.
"Then think about that. A real repair. A paid crew. An honest invoice. Those were all choices he had."
I took another bite before answering her.
"They're still in there with him."
"And there's a board lawyer between him and the records. Let her work."
At 1:20, counsel sent a board resolution. Pike was suspended. His access to accounts, the gate system, and company files had been cut off. The board chair would act as chief executive during the review.
Ben called six minutes later.
"They collected his keys."
"Everybody okay?"
"Quietest shift we've ever had."
By three, the accountant had confirmed the two Caldera payments: $196,000 each. Both had gone to the vendor account on file. Pike had signed both approvals and waived the usual second bid.
The company had also obtained Caldera's bank records with its owner's written consent after the board demanded an explanation. Pike's lawyer had agreed to supply them while reserving his defenses.
Those records showed Pike controlled the account. Most of the repair money had gone toward his personal investment debt.
He had needed cash before he needed a buyer.
Then came the document that explained Thursday.
The property insurer had required an independent foundation survey by Friday at four. Red Basin had sent the Caldera invoice as proof of repair. The insurer had replied that an invoice was not enough.
Coverage for the bay would be restricted if the survey was not done.
The buyer planned to place its own insurance after closing. Pike had asked that buyer's first site survey be held the following week, once ownership changed.
"He wanted the money before either survey," I said.
Naomi kept reading.
An email from Pike to the sale coordinator said, Close Thursday. Foundation follow-up goes on the new owner's list. No reserve against my bonus.
His bonus was $320,000.
He had signed a seller's certificate saying the repairs were complete and all known major defects had been disclosed. The price included no repair reserve because, on his paper, there was nothing left to repair.
If I had stayed quiet, the next owner would have met that north support with a kiln shell hanging over it.
I pressed my thumbnail against the side of my coffee cup. For once, I did not tap.
"What if the sale falls apart?" I asked.
"It might," Naomi said.
"We've got twenty-three people in that division."
"Then any deal worth saving has to include a way to do the work safely. Your lien can't make the buyer stay."
I called Ruth through her lawyer. I told her I would discuss a payoff through a revised closing, with testing and a sound repair plan. I would not waive the debt just to make a bad floor look cheaper.
"I wouldn't ask you to," she said. "I'm still interested. I need facts before a price."
At 3:35, a transport dispatcher called the plant to confirm a Saturday pickup. Two hoists and the turning frame were booked for a dealer near Mobile.
Pike had sent the order Thursday night, after the written freeze. He had used his private email and told the dispatcher the plant manager would arrange gate access.
The board canceled the pickup and saved the messages.
Naomi looked at the equipment list, then at me.
"That is a concrete threat to your collateral. I'm filing for an order. We can seek a narrow restraint while the money and repairs are sorted out."
"Even with him suspended?"
"The company is cooperating now. A court order will make the limits clear to everyone."
At 4:18, she handed me the verified complaint. I read each line before signing.
The next paper out of her printer was a notice of an emergency hearing at the Jefferson County courthouse.