The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the law firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of Hawk Corporation (“Hawk Corp” or “HWK”) (AMEX: HWK) related to the proposed acquisition of Hawk Corp by Carlisle Companies.

The definitive merger agreement, which was announced on October 15, 2010, involves a transaction valued at approximately $413 million under which Hawk Corp/HWK shareholders will receive $50.00 in cash for each share of Hawk Corp/HWK common stock they hold. The acquisition price represents only an approximate 2% premium over Hawk Corp’s closing price of $49.01 the day before the merger announcement. In addition, Hawk Corp’s CEO and two of the company’s directors, who collectively hold 34% of Hawk Corp’s outstanding shares, have entered into agreements to tender their shares under the acquisition agreement.

Based on HWK’s historic stock prices, the lack of a price premium under the acquisition agreement, and other considerations, the acquisition price does not appear to be fair to Hawk Corp/HWK shareholders. The investigation relates to possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Hawk Corp for approving this transaction and whether Hawk Corp’s Board of Directors acted in the shareholders’ best interests.

If you currently own shares of Hawk Corp/HWK and would like additional information regarding this investigation, or if you have information regarding the allegations involving this transaction, please contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at patrick@powerstaylor.com, or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877) 397-5991, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.

The Briscoe Law Firm is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

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