Loading...
Market
What will be SmileDirectClub's business move post-bankruptcy by the end of 2025?
2
Resolution / Starting Odds
Reorganization and relaunch • 25%
Acquisition by another company • 25%
Complete liquidation • 25%
Other • 25%
Business news reports or official announcements from SmileDirectClub
Story
SmileDirectClub to Refund $4.8 Million to Over 28,000 Customers After 2023 Bankruptcy, Says New York Attorney General
Dec 4, 2024, 12:29 AM
SmileDirectClub, a dental telehealth company that went bankrupt in 2023, has agreed to pay $4.8 million in refunds to over 28,000 customers who were improperly charged after the company's closure. New York Attorney General Letitia James announced the recovery of these funds, which will be distributed nationwide to affected consumers. Many former customers of SmileDirectClub are now eligible for refunds, providing relief to those left in limbo following the company's shutdown.
View original story
Similar markets
Direct bank transfers • 25%
Checks mailed to customers • 25%
Refunds through original payment method • 25%
Other methods • 25%
Successful restructuring and exit from Chapter 11 • 25%
Partial restructuring with ongoing Chapter 11 proceedings • 25%
Sale of major assets or brands • 25%
Liquidation • 25%
Yes • 50%
No • 50%
Banking/technical issues • 25%
Legal complications • 25%
Lack of customer information • 25%
Other reasons • 25%
Yes • 50%
No • 50%
California • 25%
New York • 25%
Texas • 25%
Florida • 25%
Reorganization • 25%
Sale to another company • 25%
Liquidation • 25%
Other • 25%