Company Website:
http://rosenlegal.com/cases-512.html
NEW YORK -- (Business Wire)
The Rosen Law Firm, P.A., a global investor rights firm, announces it is
investigating potential securities claims on behalf of shareholders of
Noble Group Ltd (OTC: NOBGF, NOBGY) resulting from allegations that
Noble Group may have issued materially misleading business information
to the investing public.
On February 15, 2015, Iceberg Research issued a report alleging, among
other things, that: (i) Noble Group exploits the accounting treatment of
its associates to avoid large impairments and fabricate profit; and (ii)
contrary to what Noble Group’s management claims, the misfortunes of
these associates have a substantial cash impact on Noble. On this news,
shares of NOBGF fell $0.10 per share or over 11% to close at $0.78 per
share on February 17, 2015 and shares of NOBGY fell $2.33 per share or
over 13% to close at $15.49 per share on February 17, 2015, damaging
investors.
The Rosen Law Firm is preparing a class action lawsuit to recover losses
suffered by Noble Group investors. If you purchased shares of Noble
Group before February 16, 2015, please visit the website at http://rosenlegal.com/cases-512.html
for more information. You may also contact Phillip Kim, Esq. or Kevin
Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via email
at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and shareholder
derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contacts:
The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin
Chan, Esq.
275 Madison Avenue, 34th Floor
New York,
NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax:
(212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
Source: The Rosen Law Firm, P.A.
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