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Robins Kaplan LLP

Yahoo—via new parent Verizon Communications—has officially tripled its estimate of the number of accounts affected by its 2013 cyber hack, putting the total at a staggering 3 billion (aka, all of them) – WSJ and Bloomberg and MarketWatch and Law360

Speaking of hacks, nnnnnnot a great Tuesday for former Equifax CEO Richard Smith – NYTimes and WSJ and Law360

Or Wells Fargo’s Timothy Sloan, for that matter – NYTimes and WSJ and Law360

Refreshingly, in light of these and other scandals, the Journal reports that some corporate boards are increasing their oversight of corporate culture – WSJ

Breakingviews on what Nestle can do to keep activist Dan Loeb at bay. The small matter of adding consumer and online expertise to the board, for example, could go a long way – NYTimes

Money manager Jeffrey Gundlach’s placing a dark horse bet on Mpls Fed President Neel Kashkari for the next Fed Chief – Bloomberg

Consider this your official voice crying out in the wilderness on the imminent collapse of the bull market – MarketWatch

Warren Buffet has a soft spot for Americana, as his stake in Coca-Cola proves. He showed it again yesterday by announcing a nearly 40% stake in truck stop operator Pilot Flying J – WSJ and Bloomberg

Moody’s warns that we should be keeping a careful eye on the public pension funds north of the border, as their appetite for leveraged bets shot up in past years – Bloomberg

It’s hard to argue with Dyson’s claim that it reinvented the vacuum cleaner.  So count me among those keenly interested in the company’s leap to electric vehicles – Wired

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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