Noble takes legal action against Iceberg, rejects fraud allegations

It has finally named the man behind Iceberg.

Mainboard-listed Noble Group today spurned all allegations made by anonymous Iceberg Research, claiming that the reports are inaccurate, unreliable and misleading.

“As a public company we support responsible research. However, Iceberg are not the independent research house they claim to be. Their actions, and their timing, have been calculated primarily to inflict damage rather than to facilitate the distribution of research,” stated Noble.

Noble will also start pressing legal action against Hong Kong resident Arnaud Vagner, as well as Enlighten Ace Ltd, a Seychelles company and any associates.

“Now that the third report has been issued, we have examined every aspect of all three reports with our lawyers. Later today we will start legal proceedings... at the Hong Kong High Court for conspiracy to injure Noble Group,” stated Noble.