Dividend stocks are "the new bonds" and long-term bonds are "the new gold," the Wharton professor says.

A federal judge last year conditionally certified a collective action of applicants 40 years or older who claimed PricewaterhouseCoopers systematically weeded out older workers from consideration for entry-level positions.

"Each piece of personal information that is subject to the breach can lead to damages of between $150 and $750 per breach," Sean Nalty, a partner at Ogletree, Deakins, Nash, Smoak & Stewart in San Francisco, said. "It is important that companies make sure their culture and standards are focused on data privacy protections."