Six weeks after firing the former congressman Harold E. Ford Jr. for unspecified misconduct, Morgan Stanley clarified Monday that the misconduct was not sexual in nature.

“The press has reported that Mr. Ford was terminated for sexual misconduct,” the bank said in a statement. “He was not. We have not received any internal allegations of sexual harassment or misconduct involving him either before or after his separation became public.”

The statement is part of a legal settlement that Mr. Ford reached over the weekend with Morgan Stanley, according to a person who was briefed on the resolution but was not authorized to speak publicly. The broader contours of the settlement were unclear, including whether there was a financial component. Through a spokesman, Mr. Ford declined to comment.

Before his firing last month, Mr. Ford had spent seven years at Morgan Stanley recruiting clients. He joined the investment banking industry after losing a United States Senate race in Tennessee as the Democratic nominee in 2006.