Noble Group steps up legal action against Iceberg Research

Noble launched legal action against Arnaud Vagner, a resident in Hong Kong, Enlighten Ace Ltd, a Seychelles company in the Hong Kong High Court in March. According to Noble the authors of Iceberg Research’s “malicious allegations” about the firm, have failed to cooperate with the discovery process.

“As Arnaud Vagner & Enlighten Ace Limited have not responded to requests by the company’s outside counsel to commence the discovery phase of the litigation by confirming their readiness to exchange the List of Documents in this action, Noble has today filed a Summons to compel Arnaud Vagner & Enlighten Ace Limited to file their Lists of Documents and allow inspection of all Discovery documents,” Noble said in a statement.

At an investor relations day on Monday in Singapore, where Noble sought to reassure shareholders and the market, ceo Yusuf Alizera stated on the author of the Iceberg Research reports: “We look forward to the day when he will need to defend himself in a court of law”