An investigation on behalf of investors in Universal Technical Institute, Inc. (NYSE:UTI) shares over potential wrongdoing at Universal Technical Institute, Inc. was announced and NYSE:UTI stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 07/14/2016 --Certain directors of Universal Technical Institute, Inc are under investigation over potential misconduct. The investigation was announced for investors in NYSE:UTI shares concerning possible breaches of fiduciary duties by certain officers and directors.

Investors who purchased shares of Universal Technical Institute, Inc. (NYSE:UTI) and currently hold any of those NYSE:UTI shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain Universal Technical Institute directors breached their fiduciary duties and caused damage to the company and its shareholders.

Universal Technical Institute, Inc. reported that its Total Revenue declined from $378.39 million for the 12 months period that ended on September 30, 2014 to $362.67 million for the 12 months period that ended on September 30, 2015 and that its Net Income of $2.04 million for the 12 months period that ended on September 30, 2014 declined to a Net Loss of $9.15 million for the 12 months period that ended on September 30, 2015. Shares of Universal Technical Institute, Inc. (NYSE:UTI) declined from over $15 per share in late 2013 to as low as $2.06 per share on June 29, 2016.

On July 13, 2016, NYSE:UTI shares closed at $2.44 per share.

Those who purchased shares of Universal Technical Institute, Inc. have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com