Khang & Khang LLP announces that it is investigating claims of potential misrepresentations by Universal Technical Institute, Inc. (“Universal Technical” or the “Company”) (NYSE: UTI). The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors.
If you purchased shares of Universal Technical during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
On July 24, 2015, Universal Technical announced that it had received a subpoena from the U.S. Attorney’s Office for the Western District of North Carolina relating to the Company’s Mooresville, North Carolina campus operations over the past several years. The subpoena also requests documents relating to the Company’s compliance with the “90/10 rule,” among other programs and practices.
If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.
This press release may constitute Attorney Advertising in some jurisdictions.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151202006417/en/
Contacts:
Joon M. Khang, Esq.
Telephone:
949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com
