SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Merger of resTORbio, Inc. with Adicet Bio, Inc. is Fair to TORC Shareholders

NEW YORK, NY / ACCESSWIRE / April 29, 2020 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased resTORbio, Inc. ("resTORbio" or the "Company") (NASDAQ:TORC) stock prior to April 29, 2020.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of resTORbio with Adicet Bio, Inc. ("Adicet"). Under the terms of the merger, Adicet would merge with a wholly-owned subsidiary of resTORbio in an all-stock transaction, and the equityholders of Adicet would become the majority owners (75%) of resTORbio's outstanding common stock upon the close of the merger. To learn more about the action and your rights, go to:

resTORbio, Inc. Loss Form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The resTORbio merger investigation concerns whether the Board of resTORbio breached their fiduciary duties to stockholders by agreeing to enter into this transaction and whether the merger undervalues resTORbio relative to Adicet, thereby harming resTORbio shareholders.

Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky LLP

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