Orchard Therapeutics plc (Nasdaq - ORTX)

Orchard Therapeutics plc (Nasdaq – ORTX)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Orchard Therapeutics plc (Nasdaq – ORTX)

BALA CYNWYD – October 5, 2023 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Orchard Therapeutics plc (“Orchard” or the “Company”) (Nasdaq – ORTX) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Kyowa Kirin Co., Ltd. (“Kyowa Kirin”) for $16.00 per American Depositary Share (ADS) in cash (approximately $387.4 million), under which Orchard shareholders will hold an additional contingent value right (“CVR”) of $1.00 per ADS.

The investigation concerns whether the Orchard Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Kyowa Kirin is paying fair value to shareholders of the Company.

If you own shares of Orchard 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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