Former US Democratic congressman Harold Ford, Jr. was
fired by Morgan Stanley for inappropriate conduct.
Ford issued a statement after the firing in which he
threatened to sue the bank and his accuser.
The Huffington Post earlier cited an unnamed woman
who claimed Ford harassed her on a night several years
Harold Ford, Jr. a former U.S. Democratic lawmaker turned
investment banker, threatened to sue Morgan Stanley after he was
fired from the bank for inappropriate conduct.
A spokeswoman told Reuters on Thursday that Ford had been fired,
saying that he was let go for “conduct inconsistent with our
values and in violation of our policies.”
The news of Ford’s departure was first reported by the
Huffington Post, which cited interviews with an unnamed woman
who claimed Ford harassed her on a night several years ago.
Ford issued a statement to multiple media outlets that denies any
allegations and threatens legal action against the bank as well
as the person who made the allegations against him, who Ford
describes as a news reporter. Here’s the statement:
“This simply did not happen. I have never forcibly grabbed any
woman or man in my life. Having drinks and dinner for work is
part of my job, and all of my outreach to the news
reporter making these false allegations was professional and at
the direction of my firm for business purposes. I support and
have tremendous respect for the brave women now speaking out in
this important national dialogue. False claims like this
undermine the real silence breakers. I will now be bringing
legal action against the reporter who has made these false
claims about me as well as Morgan Stanley for improper
Ford, a frequent guest on news and finance TV shows, served five
terms in the U.S. House of Representatives for Tennessee’s 9th
district before joining Morgan Stanley in 2011.
The firing comes as companies, lawmakers, and politicians grapple
with a string of allegations against prominent men. Democratic
Senator Al Franken resigned on Thursday after a series of sexual
misconduct allegations against him.