HWK Hawk Corp

Kendall Law Group, led by former federal judge Joe Kendall, is investigating Hawk Corporation (AMEX:HWK) for shareholders in connection with the proposed acquisition by Carlisle Companies Incorporated. The national securities litigation firm is investigating whether a fair process was used prior to entering into the merger agreement and whether the Board of Directors breached their fiduciary duties by not seeking a deal that would provide better value of the Company. If you are a Hawk shareholder and would like additional information about your rights, you are urged to contact the Kendall Law Group at 877-744-3728 or by email at skendall@kendalllawgroup.com.

On October 15, 2010, the companies announced that the companies have entered into a definitive merger agreement under which Hawk would be acquired by Carlisle in a transaction valued at approximately $413 million. The offer is expected to commence later this month and is not subject to a financing condition. The CEO and two directors of Hawk, who collectively hold 34% of Hawk’s outstanding stock, have entered into agreements to tender their shares. Under the terms of the agreement, Hawk stockholders will receive $50.00 in cash for each share of HWK common stock owned. Because this offer represents only 2% premium over the closing price of $49.01 on October 14, 2010, the firm believes the transaction significantly undervalues the company.

Kendall Law Group, founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in many merger and acquisition cases nationwide, including some of the largest transactions in the United States.

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