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Welcome back.  Let’s get into the fall swing of things.

Vanguard’s not well known for making waves, but the $4.5 trillion mutual-fund manager has quietly increased its corporate engagement activity over the past year—discussing governance, pay, and other issues with nearly a thousand companies and supporting almost half of outside shareholder-proposed board proposals – NYTimes and Reuters

With P&G grinding through competing visions of how to “reinvigorate” the company, the board appears to be split between former finance chief Clayton Daley [and his activist-investor backer Nelson Peltz] and his successor, Jon Moeller, P&G’s current CFO and a believer in a less radical course of action for the consumer products giant – WSJ

Good news for the Carlyle Group, which was exonerated yesterday by the Royal Court of Guernsey over charges that Carlyle was negligent (at minimum) in mismanaging a leveraged mortgage-bond fund formed in 2006 and didn’t do enough to save the fund from insolvency in 2008 when the real estate bubble burst. Plaintiffs had sought more than $1 billion in damages – Bloomberg and WSJ

Castle World Ltd. is suing Goldman Sachs in London’s High Court for the bank’s alleged failure to cancel derivative contracts when instructed, a move that Castle says cost it $2.1 million after the US was hit with a credit ratings downgrade in August 2011 – Law360

Juicero—the $700 Wi-Fi enabled juicer that quickly  became a symbol of “Silicon Valley’s insular excess” and raised $120 million in funding—is no more – NYTimes

Still, when there are angry birds and flying cars still out there, it’s hard to call the failure a sign of things to come in SV – NYTimes

A nasty side effect of Wells Fargo’s recent revelation of 1.4 million more sham accounts is the potential giant wrench thrown in the $142 million class settlement with customers preliminary reached in July to address the issue – Bloomberg

China has banned fundraising via initial coin offerings, a largely unsurprising move that still managed to send bitcoin and ethereum prices tumbling after the announcement – WSJ and Bloomberg

Here’s some pre-trial analysis courtesy of Law360 of a dispute involving a $2 billion payday loan operation involving race car driver Scott Tucker, the DOJ, and issues of tribal sovereignty. This one, as #PurdonNation would agree, will be one to watch – Law360

Google goes all in for Mr. Trololo’s b-day – Mashable  [Though it’s awfully tough to beat this Kimmel/Waltz effort – YouTube]

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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