Home / Business News / Morgan Stanley fires former U.S. lawmaker for misconduct

Morgan Stanley fires former U.S. lawmaker for misconduct

NEW YORK (Reuters) – Morgan Stanley (MS.N) fired former U.S. Democratic lawmaker Harold Ford, Jr., a managing director on the Wall Street financial institution, for irrelevant behavior associated with an undisclosed match, a spokeswoman stated on Thursday.

FILE PHOTO: Harold Ford Jr takes phase in a panel dialogue titled “Dear Washington, Please Make Government Work Again. Sincerely, America” on the Milken Institute Global Conference in Beverly Hills, California May 1, 2012. REUTERS/Danny Moloshok

Ford, a common visitor on information and finance TV presentations and a 5 time period congressman from Tennessee’s ninth district, denied wrongdoing in a remark emailed to Reuters by means of Ford’s attorney.

“This simply did not happen,” Ford, who has labored at Morgan Stanley as a managing director since 2011, stated in a remark. He additionally stated within the remark that he “never forcibly grabbed any woman or man in my life.”

Ford’s attorney, John Singer, stated the company has no longer defined the explanation for Ford’s termination. The Huffington Post reported information of Ford’s departure previous on Thursday, bringing up interviews with an unnamed girl who claimed Ford stressed her on an evening a number of years in the past.

Morgan Stanley spokeswoman Margaret Draper stated Ford was once let cross for “conduct inconsistent with our values and in violation of our policies.”

The leisure and media industries and Congress have grappled with the best way to cope with a string of harassment allegations towards outstanding males.

Democratic Senator Al Franken resigned on Thursday after a sequence of sexual misconduct allegations towards him.

Reporting by means of Elizabeth Dilts and Kanishka Singh; Editing by means of Carmel Crimmins, Susan Thomas, Toni Reinhold

Our Standards:The Thomson Reuters Trust Principles.

About ShoaibAslam

Check Also

Missile fired at Saudi Arabia was supplied to Yemen rebels by Iran: US

US ambassador to the United Nations Nikki Haley introduced what she referred to …

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: