While this woman did not work for the financial firm, various witnesses have corroborated her claims about Ford's inappropriate behavior towards her. Morgan Stanley confirmed to HuffPost that Ford was terminated for his alleged misconduct.
Ford said the incident "simply did not happen".
Harold Ford, Jr. a former U.S. Democratic lawmaker turned investment banker, threatened to sue Morgan Stanley after he was sacked from the bank for inappropriate conduct.
In a statement, Ford disputed the allegations and said he would sue the woman, who he revealed was a reporter.More news: Storm Caroline heads for Britain
"I will now be bringing legal action against the reporter who has made these false claims about me as well as Morgan Stanely for my improper termination". The investment bank launched a human resources investigation after the woman accused Ford Jr. of harassment and the results led to his dismissal.
On the night of their meeting, she says she was left so frightened by how he "grabbed" her that she asked a security guard in the building they were in for help. Ford continued to contact her after the encounter until she wrote an email asking him to cease contact.
John Singer, a lawyer for Ford, said in a statement: "Morgan Stanley has still not told Harold directly of his termination, and unlike every other circumstance I've been in, the company has refused to provide me with a reason". He comes from a prominent political family, as his father, Harold Ford Sr., served 22 years in the House of Representatives.
Ford strongly denied the allegations in a statement, writing: "I support and have tremendous respect for the fearless women now speaking out in this important national dialogue". False claims like this undermine the real silence breakers. "This all demonstrates how this was a matter of convenience during a hyper-sensitive time and not based on real facts".
He is a frequent television commentator and has appeared on NBC, MSNBC, and CNBC.