Theodore R. Flo

Of Counsel
Tel 202.661.2259
Fax 202.661.2299
Washington, DC

As a litigator, investigator, and enforcement attorney, Teddy litigates cases to trial, if need be, and manages internal and external investigations relating to potential violations of federal laws enforced by the CFPB, DOJ, HUD, SEC, and other federal agencies. He also counsels clients on regulatory matters and helps them conduct regulatory due diligence on corporate transactions. His clients include banks, Fintech companies, loan servicers, debt collectors, and REITs.

Representative Matters

  • Represented cyber security company in trade secrets litigation
  • Conducted regulatory due diligence for major alternative lender on potential $150 million transaction
  • Represented homebuilder in CFPB investigation; no enforcement action taken.
  • Represented real estate servicer in GAO and GSA bid protests
  • Represented student loan debt collector in CFPB investigation; no enforcement action taken
  • Represented large title lending company in CFPB enforcement action; no enforcement action taken
  • Represented mortgage servicer in CFPB investigation; no enforcement action taken
  • Represented venture capital firm in HUD debarment actions
  • Trial victory for major technology company in a federal jury trial
  • Represented alternative lending company in $10.5 million CFPB enforcement action
  • Represented lead generator in CFPB enforcement action
  • Represented national bank in CFPB investigation into alleged marketing services kickback scheme
  • Represented banks in CFPB enforcement actions relating to credit card add-on products
  • Represented energy-industry executive in trade secrets litigation
  • Internal investigations for banks and Fortune 100 companies of alleged bribery, embezzlement, and Foreign Corrupt Practices Act violations

Teddy is admitted to practice law in Maryland, D.C., and Virginia, and he regularly practices in other state and federal courts around the country.


Co-author: "The Definition of a Whistleblower Under the Dodd-Frank Act is Shrinking," Ballard Spahr Alert, March 1, 2018

Co-author, "Second Circuit Permits Longer Look-Back Period for Repeat OSHA Violations," Ballard Spahr alert, February 16, 2018 

Co-author, "Ninth Circuit Confirms That Liability Waiver in FCRA Disclosure Triggers Liability," Ballard Spahr alert, January 24, 2017

Co-author, "Expect Pro-Business, Pro-Employer Changes Under Trump Administration," Ballard Spahr alert, January 20, 2017

Co-author, "D.C. Circuit Holds CFPB Structure Unconstitutional, Interpretation of RESPA Not Entitled to Deference," Ballard Spahr alert, October 12, 2016

Co-author, "New Guidance Issued on FCRA Compliance in Employee Screening," Ballard Spahr alert, May 13, 2016

Chapter author on the law of receiverships in Virginia and the District of Columbia, Strategic Alternatives for Distressed Businesses, 2014 edition, publication forthcoming by Thomson West

Author, "Defining 'Price Gouging' by Examining the (Only) Sensible Reason To Prohibit It and How the Prohibition Should Work," paper developing one of the first functional definitions of price-gouging in U.S.

George Washington University Law School (J.D. 2008, with honors)

University of Maryland (B.A., economics, 2005, summa cum laude; B.S., finance, 2005, magna cum laude)


District of Columbia


U.S. District Court for the District of Columbia

U.S. District Court for the District of Maryland

U.S. District Court for the Eastern District of Virginia

U.S. District Court for the Western District of Virginia

U.S. Court of Appeals D.C. Circuit

U.S. Court of Appeals Fourth Circuit

U.S. Court of Appeals Eleventh Circuit

U.S. Bankruptcy Court for the Eastern District of Virginia

U.S. Supreme Court

Maryland Court of Appeals

Supreme Court of Virginia