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In an interview airing on Fox News on Monday night, Republican presidential candidate Herman Cain says that a financial settlement was paid to one of two women who accused him of sexual harassment while he was serving as head of the National Restaurant Association over a decade ago.

However, in responding to the accusations in question earlier in the day, the former Godfather's Pizza CEO said, "I have never sexually harassed anyone and those accusations are totally false ... It was concluded, after a thorough investigation, that it had no basis." He added, "I am unaware of any sort of settlement."

HuffPost's Jon Ward relays background on the controversy and on what Cain had to say on the matter at the National Press Club in Washington D.C.:

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