2seventy bio, Inc. (Nasdaq - TSVT)

2seventy bio, Inc. (Nasdaq – TSVT)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of 2seventy bio, Inc. (Nasdaq – TSVT)

BALA CYNWYD – March 11, 2025/Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of 2seventy bio, Inc. (“2seventy bio’ or the “Company”) (Nasdaq – TSVT) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Bristol Myers Squibb (“BMS”) (NYSE – BMY). Under the terms of the transaction, 2seventy bio shareholders will receive $5.00 per share in cash at closing in an all-cash transaction for a total equity value of approximately $286 million.

The investigation concerns whether the 2seventy bio Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company’s shareholders are receiving fair value for their shares.

If you own shares of 2seventy bio stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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