UPDATE: New Star claims Evershed not afraid to exaggerate

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New Star's lawyer has hit back at claims from former fund manager Patrick Evershed that up to 20 staff were signed off because of stress, claiming Evershed is not afraid "to exaggerate".

Evershed claimed during Thursday's session that up to 20 New Star managers were signed off with "mental sickness" due to the behaviour of New Star founder John Duffield. Bullying on the trading floor was an almost daily occurrence, "except Mondays when Duffield wasn't present", Evershed said yesterday. However, countering the claims, New Star's lawyer Daniel Oudkerk said Friday morning: "You cannot point to a single fund manager who was off sick". He added Evershed was "not afraid to exaggerate". Yesterday Evershed also alleged he was given a reprimand after asking Duffield whether...

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