I don't know about the hub specifically, but I have a One Touch portable external HDD that touts some of the same features. I've never had any particular problems with it - it's just a normal USB mass storage device. The "special features" provided by the Seagate Toolkit (not available on Linux) seem like they're done at the filesystem level.
If you don't care about encryption, it will most likely just work - format it however you like. If you care about encryption, there's ways like LUKS or filesystems with FS-level support, depending on how much you care about interoperability with non-Linux systems. You might also be able to do something kooky like format it with Bitlocker on Windows, which I think can still be mounted on a Linux system; I was able to access my encrypted Windows partition from my Linux install on my Surface if I entered the key - I'm sure there's a way to automate that part.