Levi & Korsinsky is investigating the Board of Directors of Hawk Corporation (“Hawk” or the “Company”) (AMEX:HWK) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Carlisle Companies, Inc. (“Carlisle”) (NYSE:CSL). Under the terms of the transaction, Hawk will be acquired by Carlisle with Hawk shareholders receiving $50.00 per share in cash which an enterprise value of approximately $410 million. Ronald Weinberg, Hawk's chairman and CEO, along with directors 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.

Click here to learn how to join the action: http://www.zlk.com/hawk-hwk.html, or call: 877-363-5972.

The transaction is expected to be accretive to Carlisle in the first year. The investigation concerns whether the Hawk Board of Directors breached their fiduciary duties to Hawk stockholders by failing to adequately shop the Company before entering into this transaction and whether Carlisle is underpaying for Hawk shares, thus unlawfully harming Hawk stockholders.

If you own common stock in Hawk and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/hawk-hwk.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions.

Hawk (AMEX:HWK)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024 Click aqui para mais gráficos Hawk.
Hawk (AMEX:HWK)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024 Click aqui para mais gráficos Hawk.