Raymond ,  Mark F.

Mark F. Raymond is the Managing Partner in the Miami office of Broad and Cassel and is a member of the Firm’s Management Committee. He is also Co-Chair of the Business Litigation department.

Raymond has been involved in complex commercial litigation for over 30 years. His extensive practice has included advising the Boards of Directors and General Counsel of many prominent companies.  He has litigated numerous high profile cases, principally throughout Florida, in the past quarter century. Raymond focuses his practice in resolving complex matters and aggressively litigating them as a last resort. He is experienced in complex commercial litigation in both state and federal courts, and arbitrations before FINRA, ICDR and AAA. His practice includes defending class actions.

Raymond has been repeatedly honored for Bet-the-Company Litigation by the leading legal guide “The Best Lawyers in America,” published by Woodward and White and has been recognized in other publications for his commercial litigation skills, including the Business Leader honored him as a “2009 South Florida Power Player.” In 2017, Raymond was named Best Lawyers Miami Litigation – Mergers and Acquisitions “Lawyer of the Year.” He also holds an AV Preeminent® rating with Martindale-Hubbell, a rating achieved by only 5 percent of attorneys. The rating indicates that the attorney “has reached the height of professional excellence” and is “recognized for the highest levels of skill and integrity.” Raymond repeatedly has been designated a “Florida Legal Elite” in Florida Trend Magazine, a “Florida Super Lawyer” by Super Lawyers magazine and a “Top Lawyer” in the areas of Securities Litigation and Complex Commercial Litigation by the South Florida Legal Guide.

“strong trial skills.” – Chambers USA, 2012

Raymond successfully defended the Brussels-based company of BDO International B.V. against claims that it was liable for $520 million in damages resulting from allegedly failed audits of a Florida-based factoring company, E.S. Bankest, LLC. The audits were performed by the U.S. member firm of the BDO International Network. After a three-week trial the jury took less than one hour to reach its verdict for Raymond’s client.

Raymond obtained a resounding victory for a defendant in a high profile accounting malpractice suit. After a five-week trial, Raymond convinced the Court that the case against his client should be dismissed in its entirety, and the Court agreed.

Raymond regularly represents Trustees or Beneficiaries of Trusts in all aspects of probate litigation in state courts in Florida.

An International Arbitration Panel found that the subsidiary of a foreign government had “patently breached its contract” with Raymond’s client, a Fortune 100 company.

In a case against Raytheon Corporation where they were seeking $18 million from Raymond’s client, he developed and executed a strategy that was a reversal of fortune for Raytheon Corporation and a tremendous victory for his client, where the client instead of having to pay $18 million to Raytheon, recovered $8.8 million.

Raymond’s practice also includes Federal Court litigation, defending corporations, as well as representing Receivers appointed by the courts and agencies such as the Securities and Exchange Commission, Federal Trade Commission, CFTC, and the Florida Attorney General’s Office.

“an excellent lawyer” – Chambers USA, 2015

Raymond was the lead attorney for the Plaintiff, a Fortune 100 Company, against an industrial contractor for breach of contract. The case resulted in a $50 million settlement for the client.

He is highly regarded in the legal community for his ability to assist clients in addressing and extricating themselves from difficult and potentially costly situations, often without litigation.

He represented the FTC Receiver of a company in a diet products fraud case, and obtained a trial judgment of $8.5 million for the benefit of fraud victims.

Raymond’s representation of investors has resulted in tens of millions of dollars of settlements and arbitration awards in favor of his clients. On behalf of private investors, Raymond has received numerous favorable settlements and judgments for his clients.

“Excellent lawyer” – Chambers USA, 2016

Raymond served as the lead counsel to the Receiver appointed by the Broward Circuit Court, upon the application of the Florida Attorney General’s Office, where he oversaw all aspects of a $10 million multi-state telemarketing scam involving the fraudulent pooling of lottery tickets. The case involved over 8,000 defrauded consumers.

Raymond represented numerous investors against a national broker/dealer for fraud which resulted in settlements exceeding $6.2 million. He also represented an investment banking firm against a company which resulted in a $1.2 million arbitration panel award for the client.

Raymond is active in various professional and community organizations.

“very savvy, very responsive and well connected” – Chambers USA, 2017

Significant Cases

In February 2007, Mr. Raymond obtained a resounding victory for BDO International in an accounting malpractice suit. The plaintiffs were represented by Sullivan and Cromwell, and other leading South Florida trial lawyers. The accounting firm employs nearly 60,000 in the United States. The client was greatly concerned that its survival might be seriously impaired if an adverse verdict was returned. After a five-week trial, Mr. Raymond convinced the Court that the case against his client should be dismissed in its entirety, and the Court agreed. The magnitude of the victory was underscored when in June 2007 the jury found the remaining defendants liable for compensatory and punitive damages, of nearly $500 million.

“a problem solver” – Chambers USA, 2017

In July 2007, an International Arbitration Panel found that the subsidiary of a foreign government had “patently breached its contract” with Mr. Raymond’s client, a Fortune 100 company.

In a case against Raytheon Corporation where they were seeking $18 million from Mr. Raymond’s client, he developed and executed a strategy that was a reversal of fortune for Raytheon Corporation and a tremendous victory for his client, where the client instead of having to pay $18 million to Raytheon, recovered $8.8 million.

Mr. Raymond was the lead attorney for the Plaintiff, a Fortune 100 Company, against an industrial contractor for breach of contract. The case resulted in a $50 million settlement for the client.

He represented the FTC Receiver of a company in a diet products fraud case, and obtained a trial judgment of $8.5 million for the benefit of fraud victims.

“engenders confidence in his clients” – Chambers USA, 2017

On behalf of private investors, Mr. Raymond has received numerous favorable settlements and judgments for his clients, recent totals exceed $77 million.

Mr. Raymond served as the lead counsel to the Receiver appointed by the Broward Circuit Court, upon the application of the Florida Attorney General’s Office, where he oversaw all aspects of a $10 million multi-state telemarketing scam involving the fraudulent pooling of lottery tickets. The case involved over 8,000 defrauded consumers.

“engenders confidence in his clients” – Chambers USA, 2017

Mr. Raymond represented numerous investors against a national broker/dealer for fraud which resulted in settlements exceeding $6.2 million. He also represented an investment banking firm against a company which resulted in a $1.2 million arbitration panel award for the client.

“helps guide businesses through their disputes,” – Chambers USA, 2017

Bar Membership

Florida

Courts

U.S. District Court of Appeals, 11th Circuit
U.S. District Court, Middle and Southern Districts of Florida

Education

University of Miami School of Law
Coral Gables, Florida, 1983
J.D., Juris Doctor

Babson College
Wellesley, Massachusetts, 1980
B.S., Business Administration

Affiliations

The Florida Bar
Business Law Section, Trial Lawyers Section, Securities Law Section

American Bar Asssociation
Member, Business Law Section and Section of Litigation

Dade County Bar Association
Member, Board of Directors and Securities Litigation Committee

Professional Excellence “Distinguished Leaders in Law” Award by the Daily Business Review,  2017

Power Leaders in Law & Accounting by the South Florida Business Journal, 2014-2017

“Top 100 Miami Florida Super Lawyer” by Law & Politics magazine, 2012 and 2013

Chambers USA: A Guide to America’s Leading Business Lawyers – Litigation, 2010-2017

“South Florida Power Player” by Business Leader magazine

“Most Effective Lawyer” in Complex/Business Litigation by the Daily Business Review 

“Top Lawyer” in Securities Litigation and Complex Commercial Litigation by the South Florida Legal Guide  

“The Best Lawyers in America®” for Commercial Litigation, Bet-the-Company Litigation, Banking and Finance Litigation, Mergers & Acquisitions, Real Estate and Securities, 2007 – 2017

“Florida Legal Elite” by Florida Trend magazine Commercial Litigation, 2007 – 2015

“Florida Super Lawyer” by Super Lawyers magazine, 2006 – 2017

AV Preeminent® Peer Review Rating with Martindale-Hubbell

Best Lawyers 2017 Miami Litigation – Mergers and Acquisition “Lawyer of the Year”

Best Lawyers 2014 Miami Litigation – Banking & Finance “Lawyer of the Year”

USAChambers