SEC
Whistleblower
Attorneys

April 22, 2020

Renew Spinal Care, Inc., Laserscopic Medical Clinic, LLC, Joe Samuel Bailey, Barry Edward Mitchell, Laurence Grossnickle, Charles Clement Goubert, Jr.

Offering Fraud

SANCTION AMOUNT: $7498464

Defendants: Renew Spinal Care, Inc., Laserscopic Medical Clinic, LLC
Joe Samuel Bailey, Barry Edward Mitchell, Laurence Grossnickle, Charles Clement Goubert, Jr.

The SEC alleged that Bailey started Renew Spinal Care as a single location in Florida to provide minimally invasive spinal surgery, but subsequently sought to expand. Offerings conducted with the involvement of co-defendants to fund expansion were allegedly fraudulent. Defendants consented to entry of judgment.

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