The Law Office of Robbins Umeda LLP Announces an Investigation of the Acquisition of Hawk Corporation by Carlisle Companies Inc.
October 15 2010 - 2:08PM
Business Wire
Robbins Umeda LLP has commenced an investigation into possible
breaches of fiduciary duty and other violations of state law by
members of the Board of Directors ("Board") of Hawk Corporation
("Hawk" or the "Company") (AMEX:HWK) in connection with their
efforts to sell Hawk to Carlisle Companies Inc. ("Carlisle")
(NYSE:CSL). If the transaction is completed, Hawk shareholders will
receive $50.00 in cash for each share of Hawk common stock they
hold.
Robbins Umeda LLP's investigation concerns whether Hawk's Board
undertook a fair process to obtain fair consideration for all
shareholders of Hawk. Specifically, our investigation concerns
whether the Company's Board breached their fiduciary duties to Hawk
shareholders by failing to adequately shop the Company before
entering into the transaction with Carlisle.
If you are a shareholder of Hawk, plan to continue to hold your
shares, and would like more information about your rights as a
shareholder, please contact attorney Gregory E. Del Gaizo at
800-350-6003 or by e-mail at info@robbinsumeda.com.
Robbins Umeda LLP is a securities litigation firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please go to http://www.robbinsumeda.com.
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