In his statement responding to the accusations, Simmons said he had already apologized for "instances of thoughtlessness" in his consensual relationships, and had separated himself from his businesses and charities so as not to be a distraction.
Simmons has vehemently denied all the allegations and vowed to fight back against the claims on Thursday.
Simmons told the Times through his lawyer he had "no recollection of ever having any sexual relations with Ms Baker".
He has not been involved with the company or Green Dot since the acquisition was finalized in February, a Green Dot spokesman said. "I want to restate categorically what I have said previously: I have never been violent or abusive to any women in any way at any time in my entire life". She reports that the mogul then asked her to touch his penis, and she declined before telling him she wouldn't tolerate her sexual advances.
Other women who spoke out relayed stories of alleged misconduct by Simmons, ranging from an assault inside a nightclub bathroom, to using his position at Tantric yoga studios to pressure instructors and members into sexually inappropriate situations. "These horrific accusations have shocked me to my core and all of my relations have been consensual", Simmons said in a statement to ABC News. Drew Dixon was an executive at Def Jam who reported directly to Simmons, and says that after a campaign of harassment by her boss that included graphic descriptions during work calls of how she aroused him and frequently exposing his erect penis to her, Simmons raped her in 1995 in his Manhattan apartment.
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The Los Angeles Times and New York Post reported on Thursday that the New York City Police Department had opened an investigation into Simmons and was in the early stages of contacting women who have accused him of assault.
She added, "Then what would happen afterward - and this would happen years afterward - I'd be at a table and Russell f-king Simmons would come up to the table and then people would be like, 'Kelly, do you know Russell?,' and I'd be like, 'Yes, I know Russell - he tried to rape me'".
Simmons stepped down from his business empire last month after sexual misconduct allegations against him first surfaced.
"The presumption of innocent until proven guilty must not be replaced by "guilty by accusation".
Music journalist Toni Salle said Simmons raped her in his apartment in 1988.
Ms Lumet said she went public after model Keri Claussen Khalighi said Simmons coerced her to perform a sex act and later penetrated her without her consent in his NY apartment in 1991. "I have conducted my life with a message of peace and love". He has denied the incident and said that he remembered it differently than the accuser did.