Faruqi & Faruqi, LLP Announces Investigation Related to the Acquisition of Hawk Corp. - HWK

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Hawk Corp. ("Hawk” or the "Company”) (AMEX: HWK) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Carlisle Companies Inc. (NYSE: CSL). The proposed transaction offers Hawk shareholders to only receive $50.00 in cash for each share they own. Mr. Ronald Weinberg, Hawk's chairman and CEO, along with directors Messrs. Norman Harbert and Byron Krantz, who collectively hold approximately 34% of Hawk's outstanding common stock, have entered into agreements with Carlisle to tender their shares. The transaction is structured as a tender offer, which may avoid the need for a shareholder vote, and it is valued at approximately $413 million.

Request more information now by clicking here: www.faruqilaw.com/hwk

Whether the Hawk’s Board of Directors breached their fiduciary duties to Hawk’s stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Hawk’s shares and by how much this proposed transaction undervalues the Company to the detriment of Hawk shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in Hawk and wish to obtain additional information, please visit us at www.faruqilaw.com/hwk or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2010 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.