John A. Wells

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John A. Wells
Born1908 (1908)
DiedApril 15, 1980(1980-04-15) (aged 71–72) [1]
Alma mater Wesleyan University
Oxford University
Harvard Law School [1]
Occupation Corporate lawyer
Known for Wells notice

Jack A. Wells (1908 - April 15, 1980) was an American corporate lawyer at the New York City, New York-based law firm Royall, Koegel & Wells, a firm that later became Rogers & Wells.

From 1941 to 1942 he served as President of the New York Young Republican Club. [2]

In 1972, William J. Casey, chairman of the United States Securities and Exchange Commission, appointed him to an SEC committee to review and evaluate the commission's enforcement policies and practices. Casey appointed him [3] because he was not a securities lawyer and asked him to be the chairman of the committee, and thus began what we now know as the "Wells Committee". In 1972, the committee proposed the process in which the SEC would notify people or firms ahead of enforcing action on them, also known as the Wells notice. [4]

In 1977, Wells represented the airline Air France in its lawsuit against the Port Authority of New York and New Jersey in trying to get the rights for Concorde flights into New York City's John F. Kennedy International Airport. [5]

See also

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References

  1. 1 2 "John A. Wells, 72, Dies". The Washington Post. April 15, 1980. Retrieved November 4, 2019.
  2. "History - New York Young Republican Club" . Retrieved November 5, 2023.
  3. "Remarks at the Eighth Annual A. A. Sommer, Jr. Corporate, Securities and Financial Law Lecture by SEC Commissioner Paul S. Atkins (October 9, 2007)".
  4. "June 1, 1972 Report of the SEC Advisory Committee on Enforcement Policies and Practices (Wells Committee Report)" (PDF). Archived from the original (PDF) on February 29, 2012. Retrieved June 9, 2010.
  5. "British Airways Board v. Port Authority of N.Y. and N.J. et al. (558 F.2d 75)". Archived from the original on May 14, 2010. Retrieved June 10, 2010.