Though owned by the same parent company, Lansbridge University is "a distinct legal entity and separately regulated from LUC Education (BC)[2]".

Based out of Fredericton, New Brunswick, the university offered MBA, DBA, and Executive level MBA/DBA programs, taught by a faculty of graduate-level professors.

It was ordered closed by the BC Government, after an investigation by a hired lawyer (independent inspector) for false advertising and financial irregularities.

As of February 2011, a webpage on the social networking site Facebook was actively seeking information from former students who may have suffered a loss, especially those who completed an MBA, DBA or executive degree programs prior to the university's closure with no way of getting their diplomas or transcripts.

The group sought former students for potential recruitment as additional plaintiffs in a possible class-action lawsuit against the university.