Hawk Corporation defends class-action litigation alleging breach of fiduciary duties in approving proposed sale of company
Client(s) Hawk Corporation
Jones Day is representing the directors of Hawk Corporation in class-action litigation in the Delaware Court of Chancery alleging that the directors breached their fiduciary duties in approving the proposed sale of the company. The transaction closed as scheduled and with no changes to the deal terms.
In re Hawk Corporation Shareholders Litigation, C.A. No. 5925-VCL (Del. Ch.)