SmileDirectClub Drops Antitrust Case Amid Liquidation Plans

    2024-11-22 14:04

    SmileDirectClub agreed to voluntarily dismiss the case, with each party bearing its own costs and fees, according to a Sunday filing in the US District Court for the Northern District of Georgia. The company's decision to abandon the suit comes after SmileDirectClub failed to secure capital that would revive the company amid declining revenue.

    SmileDirectClub Drops Antitrust Case Amid Liquidation Plans

    SmileDirectClub Shut Down: What We Know About Payments and ... - CNET

    So, as of right now, it seems you are likely still legally responsible for payments owed to SmileDirectClub. But because HFD and SmileDirectClub say some details are still a work in progress, it's ...

    SmileDirectClub is shutting down. Here's the impact on its customers ...

    NEW YORK (AP) — Just months after filing for bankruptcy, SmileDirectClub announced it was shutting down its global operations and halting its teeth-aligner treatments. That leaves existing SmileDirectClub customers with a lot of questions and few available answers. The company is offering no more customer care support and few details about ...

    SmileDirectClub officially shuts down, leaving some customers in limbo ...

    SmileDirectClub denied any allegations of illegal practices or shady behaviour, but settled with the district to the tune of US$500,000 (about C$680,200). SmileDirectClub also released 17,000 ...

    SmileDirectClub Is Shutting Down — What Went Wrong?

    The company was reportedly once valued at approximately $8.9 billion, but despite the glossy advertising, it failed to turn a profit. In 2022, SmileDirectClub reported a loss of $86.4 million, and ...

    SmileDirectClub's Abrupt Shutdown: Confusion Over Refunds ... - Forbes

    SmileDirectClub heralded itself as an affordable alternative to traditional dental care because its clear aligners cost around $2,000, whereas clear aligners from brick-and-mortar dental centers ...

    SmileDirectClub Shuts Down After Filing for Bankruptcy

    By John Yoon. Dec. 9, 2023. SmileDirectClub, a telehealth company that sold teeth-straightening devices through the mail and faced criticism from medical groups, said on Friday that it had shut ...

    SmileDirectClub shuts down after filing for bankruptcy | CNN Business

    SmileDirectClub, the direct-to-consumer dentistry and orthodonistry company that sold teeth aligners, has shut down its operations less than three months after filing for Chapter 11 bankruptcy.

    SmileDirectClub - Wikipedia

    6,300. Website. smiledirectclub .com. SmileDirectClub was a teledentistry company. The company was co-founded in 2014 by Jordan Katzman and Alex Fenkell. It was based in Nashville, Tennessee, United States. [3] [4] SmileDirectClub shut down in December 2023, less than three months after filing for Chapter 11 bankruptcy. [5] [6]

    SmileDirectClub shuts down months after filing for bankruptcy ...

    NEW YORK (AP) — SmileDirectClub is shutting down — just months after the struggling teeth-straightening company filed for bankruptcy protection. In a Friday announcement, SmileDirectClub said it had made an "incredibly difficult decision to wind down its global operations, effective immediately.". That leaves existing customers in limbo.

    SmileDirectClub Is Shutting Down — What Went Wrong?

    Unsurprisingly, SmileDirectClub isn't the only teeth straightening company to go bust in recent years. Your Smile Direct, which operated throughout the UK, Europe and Australia, was dissolved in ...

    SmileDirectClub shutting down: What that means for patients getting ...

    When SmileDirectClub's stock began trading on the stock market in 2019, the company was valued at about $8.9 billion. But the stock plummeted in value over time as the company proved to be ...

    SmileDirectClub Hit With Class Suit Over Sudden Mass Layoffs

    SmileDirectClub Inc. was hit with a proposed class action from terminated employees following mass layoffs last month when the teledentistry company failed to find a buyer to rescue it out of bankruptcy. Plaintiff Shelia Fatty filed a bankruptcy court suit Monday against SmileDirectClub on behalf of approximately 1,000 former employees ...

    Smile Direct Club bankruptcy: what to do - Which? News

    Smile Direct Club once promised to disrupt traditional cosmetic dentistry by offering tooth alignment remotely at prices that were significantly lower than most bricks-and-mortar providers. The company offered treatment for around £1,800, about half what you'd pay in person at a high-street dentist or orthodontic practice.

    SmileDirectClub shuts down months after filing for Chapter 11 ... - Quartz

    SmileDirectClub denied the allegations, but reached a settlement agreement in June that required the company to release over 17,000 customers from the NDAs and pay $500,000 to the district.

    SmileDirectClub Is Shutting Down. Where Does That Leave Its Customers?

    NEW YORK (AP) — Just months after filing for bankruptcy, SmileDirectClub announced it was shutting down its global operations and halting its teeth-aligner treatments. That leaves existing ...

    SmileDirectClub went bankrupt, shut down. What customers ... - MassLive

    What customers need to know. Published: Dec. 29, 2023, 2:21 p.m. Dental assistants go over appointments at SmileDirectClub's SmileShop located inside a CVS store April 24, 2019, in Downey, Calif ...

    齒形矯正公司SmileDirectClub倒閉 客戶震驚 能否退款未知

    Wilk Auslander律師事務所破產事務主席史奈德(Eric Snyder)表示,SmileDirectClub倒閉後須進行清算,他懷疑公司會向客戶提供賠償;但在9月公司申請破產後 ...

    隱形牙箍公司SmileDirectClub突結業 停寄牙套 「終身保養」斷尾

    SmileDirectClub於9月底申請破產保護,當時報告負債近9億美元(70億港元)。 12月8日,該公司表示幾個月以來一直找不到「白武士」,匆匆宣布結業。 如今打開官網,只能看到結業聲明,表示顧客餘下未收到的牙套全數「取消」,顧客不會再收到牙套,所謂的終身 ...

    齒形矯正公司SmileDirectClub倒閉 客戶震驚 能否退款未知 | 美國綜合 | 美國 | 世界新聞網

    SmileDirectClub技師在檢視顧客的牙齒掃描影像。(美聯社) 主打「直接面向消費者」的美國齒形矯正公司SmileDirectClub在9月申請破產,現在又進一步宣布關閉全球業務並停止牙齒矯正治療;這項最新發展為其客戶帶來諸多問題:公司確定不再提供客戶服務,「終身微笑保證」(Lifetime Smile Guarantee)不再,客戶 ...

    SmileDirectClub Seeks to Execute Comprehensive Recapitalization to ...

    SmileDirectClub, Inc. (Nasdaq: SDC) ("SmileDirectClub") is an oral care company and creator of the first medtech platform for teeth straightening. Through its cutting-edge telehealth technology and vertically integrated model, SmileDirectClub is revolutionizing the oral care industry. SmileDirectClub's mission is to democratize access to ...

    从650亿到2亿,牙科巨头申请破产 - 腾讯网

    日前,全球牙科器械巨头SmileDirectClub(以下简称"SDC")宣布称,公司已启动资产重组交易流程,并自愿申请美国破产法第11章的保护。. 目前,该公司已获得美国德克萨斯州南区破产法院的批准。. 据悉,受多年亏损、透明矫正器销售疲软和近8.5亿美元的长期 ...

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