Lifestyle Lift shut down its offices on March 2, 2015, according to The Wall Street Journal. The company filed for Chapter 11 bankruptcy a few weeks later and is no longer in business.Continue Reading
Founded by Dr. David Kent in 2001, Lifestyle Lift began with one office. The business expanded to more than 50 offices, states Wikipedia. Services included face lifts, brow lifting and chin augmentation.
In 2009, Lifestyle Lift reached a settlement with the State of New York for ordering its employees to post fake positive reviews about Lifestyle Lift on Internet review sites. The company paid $300,000 in costs and penalties, reports The New York Times. In 2013, it made a settlement with the Florida Attorney General in which it agreed to no longer call its services revolutionary.
After the initial announcement of the shutdown in March 2015, a spokeswoman said Lifestyle Lift owed money to J.P. Morgan Chase Bank, and that the debt was the cause of the shutdown, notes The Wall Street Journal. Lifestyle Lift had liabilities of between $10 million and $50 million.Learn more about Health