Apparently this issue is worse than I thought since some players are already experiencing the effects of what I see on my companion app: [url=http://www.bungie.net/en/Forum/Post/71060684/0/0]Help Lost Exotics[/url]. Based on that latter post other players have lost character data and it appears that their characters have been reset to an earlier time.
English
-
More players' characters have been rolled back: [url=http://www.bungie.net/en/Forum/Post/71145585/0/0]Back in but Gear is missing and I'm a lower level [/url].
-
Well it appears that the companion will sync properly with Bungie's servers once the patch is completed.