Published: Thu, December 07, 2017
Worldwide | By Gretchen Simon

Ex-lawmaker fired by Morgan Stanley over sexual misconduct claims

Ex-lawmaker fired by Morgan Stanley over sexual misconduct claims

At least one woman, who is not a Morgan Stanley employee but interacted with Ford in a professional capacity, was interviewed by Morgan Stanley's HR department as part of the investigation.
"I have never forcibly grabbed any woman or man in my life", Ford wrote.

The Huffington Post said that in one incident that took place in Manhattan, Ford grabbed the woman.

Ford denied the accusation and said that he would "be bringing legal action" against the accuser as well as Morgan Stanley. The investment bank launched a human resources investigation after the woman accused Ford Jr. of harassment and the results led to his dismissal. She sought the help of a security guard to escape the situation.

She was left "distraught, shocked and frightened" by the incident, an acquaintance said.

A spokesman for the financial firm said this week that he was sacked for 'conduct inconsistent with our values and in violation of our policies'.

The woman alleges Ford continued to contact her after the incident, and she eventually requested he cease contact, the report states. Ford reportedly replied to the email and essentially admitted guilt by apologizing for the incident.

"I support and have tremendous respect for the fearless women now speaking out in this important national dialogue", Ford said.

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Ford told The Huffington Post that, "False claims like this undermine the real silence breakers".

Ford Jr. was hired as a managing director in 2011 after working at Merrill Lynch who he joined after leaving congress.

At Morgan Stanley, he was tasked with 'managing relationships with corporate directors, senior executives and institutional investors, as well as private clients'.

Ford has also been a political analyst on NBC/MSNBC.

Ford, who was the congressman representing the all-Shelby County 9th District from 1997-2006, moved to New York City after a failed bid for the U.S. Senate in 2006.

Disclosure: NBCUniversal is the parent company of NBC, MSNBC and CNBC.

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