Morgan Stanley Fires Harold Ford Jr. as an Adviser After Conduct Complaint
December 07 2017 - 3:13PM
Dow Jones News
By Liz Hoffman
Morgan Stanley has fired former congressman Harold Ford Jr. as a
senior adviser to the firm after investigating a claim of
inappropriate conduct.
A spokeswoman for the Wall Street bank said Mr. Ford had been
fired for "conduct inconsistent with our values and in violation of
our policies." A person familiar with the matter said the firm had
received at least one complaint verified by the bank that he had
behaved inappropriately toward a woman.
A memo at the security desk at the firm's Manhattan headquarters
on Thursday instructed staff not to allow Mr. Ford into the
building.
His firing was earlier reported by the Huffington Post.
Mr. Ford couldn't be reached for comment. A tweet by a Twitter
account with Mr. Ford's name created in July 2009 said: "In regards
to news today, This simply did not happen. I have never forcibly
grabbed any woman or man in my life."
Mr. Ford joined Morgan Stanley in 2011 as a senior adviser, a
role that typically involves communicating with clients and
appearing at firm events.
The son of a long-term Tennessee congressman, Mr. Ford served in
the House of Representatives for a decade before running
unsuccessfully for the U.S. Senate in 2006. He worked for Merrill
Lynch and its later parent, Bank of America Corp., before joining
Morgan Stanley.
He also serves as a political analyst for MSNBC. A
representative for MSNBC wasn't immediately available for
comment.
--Peter Rudegeair contributed to this article.
(END) Dow Jones Newswires
December 07, 2017 14:58 ET (19:58 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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