Molly,
I can't help with the legal stuff, what the banks did with disclosure etc, when and if it was legal you could be right but that would be for the courts.
But what I do know is that:
a) It was the failure of Opes to make margin calls that made it insolvent, i.e. Opes effectively gave your money to their mates.
b) It was the responsibility of Opes directors to stop the company trading if it was insolvent.
Opes are the bad guys.
Where are the directors now by the way?
$50 per share in 2017, page-99
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