A former Bridgecorp manager was so stressed she could not eat or sleep months before the company collapsed, a court has heard.
The trial of former Bridgecorp directors Rod Petricevic, Rob Roest and Peter Steigrad continues in the High Court at Auckland today.
The Financial Markets Authority accuses the trio of misleading investors, and Petricevic, Roest and Steigrad each face 10 Securities Act charges of making untrue statements in the offer documents of Bridgecorp and Bridgecorp Investments.
The accused deny the charges against them. Fellow director, Gary Urwin, and the company's former chairman, Bruce Davidson, pleaded guilty to the charges.
Petricevic and Roest also face eight charges under the Crimes Act and Companies Act of knowingly making false statements in offer documents that Bridgecorp had never missed interest payments or repayments of principal to investors.