The resulting band released an independent three song EP in 1979, which sold more than 10,000 copies. Later that year, Jerry Wexler (one of the most well-regarded A&R executives in the industry) signed them to Warner Bros. and the band's major label LP came out in 1980. Unfortunately, poorly produced records and a lack of marketing doomed the group. "When Things Go Wrong" managed to reach #87 on the singles chart, but the band did not have another charting single or album as far as I can tell. By 1983 the Chartbusters had broken up, although Lane remained in the industry.
In 2001, there was a Robin Lane & The Chartbusters reunion, which led to a new album in 2003. More recently, Lane has been involved with the Turners Falls Women's Resource Center, where she uses music therapy to help abuse survivors. [As an aside, this gets my vote for coolest post rock star job ever.]
Cool trivia fact: Robin Lane was married to Andy Summers (guitarist of The Police) from 1968-70.
Addendum: Thanks to reader Shellie, who mentioned a TV show in Boston, called Chronicle, that featured Robin Lane over the summer. The show is up on YouTube (here), for folks who are interested (It gets a recommendation from ERV).