They start discussing the evidence from the day Alison disappeared. In the episode "Hot Water" she tells the girls the truth about Toby. As the Police Chief is finishing up the press conference, a large boom is heard and windows of Emily's lounge room explode. Spencer then learns that Toby had an accident.
She asks if he heard about the Cavanaugh settlement, and he tells her he has, and he's glad the family got some money, but Spencer tells him they would have preferred the truth.