As reported in The West Australian, Drummond is alleging that he was given unsound advice when, on the advice of Euroz broker Richard Caldow, his family company's $7.8 million share portfolio switched its financier from Leveraged Equities to Opes Prime. The portfolio was subsequently lost in the Opes collapse.

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There is a second claim against Euroz in the pipeline. It is being brought by Western Australian businessman Hilton Oscar Yelverton.

The outcome of the two-week trial is likely to become a precedent for potential actions against other stockbrokers in the wake of the Opes downfall.