Biography

Victor Bayata is a partner at Vernon Litigation Group. He focuses his practice in the areas of business and investment litigation, arbitration (including FINRA, JAMS and AAA arbitration), employment disputes involving financial advisors and other investment professionals, and securities-related matters.

Mr. Bayata currently assists clients in recovering losses caused by all manner of financial fraud and negligence involving a wide variety of investment-related matters, including master limited partnerships, hedge funds, structured products and non-traded real estate investment trusts, or REITs. In addition, Mr. Bayata regularly advises clients in areas such as non-compete laws, wage and hour issues, restrictive covenants, trade secrets, and compliance with other local, state and federal laws.

Mr. Bayata’s practice also encompasses representation of brokers and financial advisors in employment-related disputes. Specifically, Mr. Bayata handles disputes involving employment agreements, forgivable loan collection actions (promissory notes), U-5 defamation, and certain investigations. Mr. Bayata also assists advisors with transition issues (both Protocol and non-Protocol transitions) as well as how to negotiate employment agreements with advisors’ new firms.

Mr. Bayata takes a well-rounded approach to his clients’ legal needs—always keeping in mind the big-picture goals and objectives, while maintaining a cost-effective strategy for his clients.

Mr. Bayata is fluent in Spanish and working towards fluency in Italian.

Bar Admissions

  • Florida

Court Admissions

  • U.S. District Court for the Middle District of Florida
  • United States Court of Appeals, Eleventh Circuit

Professional Experience

  • Private practice in Naples, Florida

Education

  • Law: J. D., Ave Maria School of Law
  • Undergraduate: B. A. in Political Science, Arizona State University
Professional Activities & Appearances
  • American Bar Association
  • Member, Young Lawyers Division of the Florida Bar
  • National Trial Lawyers (Top 40 Under 40)
  • Hispanic National Bar Association
  • Collier County Bar Association
  • National Institute for Trial Advocacy—Trial Skills
  • GAIN Program, The Greater Naples Chamber of Commerce
High-Profile & Noteworthy Cases
  • Investor-related arbitration claims nationwide for the marketing, recommendation and sale of structured products by UBS. The claims we pursued totaled more than $10 million.
  • Successfully represented clients in an arbitration involving a $13.5 billion Fund where the financial institution failed to disclose that the Fund was heavily concentrated in high-risk mortgages and asset-backed securities.
  • Arbitration award on behalf of a financial advisor where the arbitrators ruled the financial institution had no legal right (i.e., no standing) to sue him for repayment of a bonus (forgivable loan). Although arbitration awards do not generate precedent, this arbitration award drastically changed the subsequent prosecution and defense of forgivable loan actions against that particular financial institution.
  • Represented high-profile financial advisor against a major wire-house for wrongdoing involving the wrongful taking of the advisor’s substantial assets under management while the advisor was placed on disability. Case settled for an undisclosed amount.