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September 05, 2015 2:07 AM ET

Commercial Services and Supplies

Company Overview of The Regents Of The University Of California

Company Overview

The Regents Of The University Of California is a government institution that appoints the President of the University of California, the General Counsel; the Treasurer; the Secretary and Chief of Staff; and the Chief Compliance and Audit Officer. The Regents Of The University Of California is based in Oakland, California.

1111 Franklin Street

12th Floor

Oakland, CA 94607

United States

Phone:

510-987-9220

Fax:

510-987-9224

Key Executives for The Regents Of The University Of California

President
Age: 57
Chief Investment Officer and Vice President of Investments at the Office of the President
Age: 42
Senior Investment Analyst for Private Equity and Real Assets
Senior Investment Analyst for Private Equity and Real Assets
Compensation as of Fiscal Year 2015.

The Regents Of The University Of California Key Developments

Inland Empire Law Firm Files Class Action Lawsuit Against UCLA Health System, UCLA Medical Sciences, and The Regents of the University of California

McCuneWright, LLP has filed a class action complaint against UCLA Health System, UCLA Medical Sciences, and The Regents of the University of California, for responsibility regarding compromised private data that may have affected as many as 4.5 million patients earlier this year. The complaint was filed July 29 in Los Angeles County Superior Court on behalf of Miguel Ortiz and "all others similarly situated." It alleges that "personally identifiable information (PII) and other highly sensitive information was stolen," that the "Defendants knew that the information was a likely target for attack by cyber criminals" given UCLA's own history of being hacked less than a decade ago and other highly publicized recent massive data breaches and that, despite this fact, the defendants failed to take even basic protective steps such as data encryption. According to UCLA, it is possible that these patients had their names, Social Security numbers, date of birth, health plan identification numbers, and specific financial and medical information compromised in the security breach of the Health System's computer network, which was announced to the public July 17. UCLA admitted the hospital detected unusual activity on one of its computer servers as early as October 2014 and, with the FBI, began its investigation then. On May 5, according to UCLA, investigators determined that hackers had accessed parts of the network holding patient information. The complaint notes that patients were not notified in timely fashion after discovery of the breach, and that the Defendants' acts and omissions violate the Customer Records Act, Confidentiality of Medical Information Act, and invasion of privacy.

Harvey A. Brody to Serve as Alumni Regent-Designate to the University of California Board of Regents, Effective July 1, 2015

Effective July 1, Dr. Harvey A. Brody will serve as alumni regent-designate to the University of California Board of Regents. Dr. Brody will serve as regent-designate and treasurer of the Alumni Association of the University of California his first year, attending all meetings and participating in policy discussions. In his second year, he will become a full voting member of the 26-member Board of Regents and will serve concurrently as AAUC vice president.

Regents Of The University Of California Mulls Acquisitions

The Regents Of The University Of California which is planning to sell General Revenue Bonds (GRB) and Limited Project Revenue Bonds (LPRBs), is looking for acquisitions. GRB proceeds will be used to finance or refinance the acquisition, construction, improvement and renovation of all or a portion of certain university facilities. LPRB proceeds will be used to finance or refinance the acquisition, construction, improvement and renovation of certain athletic, parking, dining, and student and faculty housing facilities of UC.

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