NEW YORK, May 1, 2020 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by resTORbio, Inc. (NASDAQ: TORC) and its board of directors concerning the proposed acquisition of the company by Adicet Bio, Inc. Adicet stockholders will receive newly issued shares of resTORbio common stock, leaving Adicet stockholders to own approximately 75% of the combined company. The transaction is expected to close in the second half of 2020.
If you are a stockholder of resTORbio, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/torc. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
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