Energy News / Shareholders Foundation, Inc.

NOBLE GROUP LTD (OTCMKTS:NOBGF, OTCMKTS:NOBGY) Investor Alert: Investigation over Possible Violations of Securities Laws

Via: ReleaseWire

Updated 8:30 AM CDT, Wed, March 11,2015

An investigation for investors in NOBLE GROUP LTD (OTCMKTS:NOBGF, OTCMKTS:NOBGY) shares over potential securities laws violations by NOBLE GROUP LTD was announced and OTCMKTS:NOBGF, OTCMKTS:NOBGY stockholders should contact the Shareholders Foundation.

San Diego, CA -- (ReleaseWire) -- 03/11/2015 -- An investigation on behalf of investors of NOBLE GROUP LTD (OTCMKTS:NOBGF, OTCMKTS:NOBGY) shares over potential securities laws violations by NOBLE GROUP LTD and certain of its directors and officers in connection certain financial statements was announced .

Investors who purchased shares of NOBLE GROUP LTD (OTCMKTS:NOBGF, OTCMKTS:NOBGY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of NOBLE GROUP LTD (OTCMKTS:NOBGF, OTCMKTS:NOBGY) concerning whether a series of statements by NOBLE GROUP LTD regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On February 15, 2015, a report was issued that alleged, among other things, that Noble Group exploits the accounting treatment of its associates to avoid large impairments and fabricate profit; and that contrary to what Noble Group's management claims, the misfortunes of these associates have a substantial cash impact on Noble.

Shares of OTCMKTS:NOBGF fell $0.10 per share or over 11% to close at $0.78 per share on February 17, 2015 and shares of OTCMKTS:NOBGY fell $2.33 per share or over 13% to close at $15.49 per share on February 17, 2015.

Those who purchased shares of NOBLE GROUP LTD (OTCMKTS:NOBGF, OTCMKTS:NOBGY) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.releasewire.com/press-releases/noble-group-ltd-otcmktsnobgf-otcmktsnobgy-investor-alert-investigation-over-possible-violations-of-securities-laws-585600.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com