I really hope the developers fix this during the upcoming maintenance day of 11/12/2014. If not, is there any way the developers can give an estimate on a bug fix date?

Thank you shadowstorm!

I haven't had bad luck like you guys have. I know certain servers seem to do a character reset when joining in. Also I have lost characters when I join a server too soon when a server restarts.

Played for a little bit today and loot seems to be normal in Novo and the city just west of that location. Will be confirming if i consider it fixed this weekend. Only played one server.