The non-profit organisation, formed 75 years ago, is the main organiser of the Golden Globes Awards ceremony, which is held annually in January.
In an interview with GQ magazine, the "Mummy" star said the alleged incident took place during HFPA luncheon at the Beverly Hills Hotel in 2003.
He alleged that former HFPA president, Philip Berk, came to shake his hand when he was leaving the crowded room.
"His left hand reaches around, grabs my a** cheek, and one of his fingers touches me in the taint. And he starts moving it around," Fraser said, adding that in that moment he was overcome with panic and fear.
In a statement to GQ, Berk, who is still a member of HFPA, denied the allegations and said, "Mr Fraser's version is a total fabrication."
Fraser said he talked about the incident with his then wife Afton Smith, and even considered going public but did not. However, he contacted the HFPA through his representatives and reported the incident.
Fraser said his reps asked the HFPA for a written apology. Berk acknowledges that he wrote a letter to Fraser about the incident but said, "My apology admitted no wrongdoing, the usual If I've done anything that upset Mr. Fraser, it was not intended and I apologise'. "
Fraser said in the wake of the #MeToo and Time's Up movements, he became determined to come forward with his story.
"I know Rose (McGowan), I know Ashley (Judd), I know Mira (Sorvino) - I've worked with them. I call them friends in my mind. I haven't spoken to them in years, but they're my friends. I watched this wonderful movement, these people with the courage to say what I didn't have the courage to say," he said.
"Am I still frightened? Absolutely. Do I feel like I need to say something? Absolutely. Have I wanted to many, many times? Absolutely. Have I stopped myself? Absolutely. And maybe I am over-reacting in terms of what the instance was. I just know what my truth is," he added.
"The HFPA stands firmly against sexual harassment and the type of behaviour described in this article. Over the years we've continued a positive working relationship with Brendan, which includes announcing Golden Globe nominees, attending the ceremony and participating in press conferences.
"This report includes alleged information that the HFPA was previously unaware of and at this time we are investigating further details surrounding the incident," it said in the statement obtained by Variety.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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