His statement comes after LSI filed a Worker Adjustment and Retraining Notification Act notice to the state on March 4, which is also when class-action lawsuits were filed against the company by former employees. Laser Spine said it was working to reduce its operating costs, shuttering three surgical centers in the last six months. The company had surgical centers in Tampa, St.
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Featured Podcast. The most significant case, dating back to , was brought by a competing spine center and accused Laser Spine Institute of breach of fiduciary duty, defamation, tortious interference and violation of a Florida law, among other charges. A string of surgery center closures and a reduced operating cost structure sparked the beginning of the practice's downfall.
In March , after the banks froze Laser Spine Institute's accounts and stripped them of cash, the practice closed its Tampa headquarters and its remaining locations, laying off employees in the process.
In February , real estate investment company Highwoods Properties leased three of the six floors of the Tampa headquarters. While the surgery center still remains vacant in the building, sports retailer Fanatics Brands has leased 92, square feet of the ,square foot space. All Rights Reserved. Privacy Policy.
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