San Diego, CA -- (SBWIRE) -- 08/04/2015 -- An investigation on behalf of investors of Universal Technical Institute, Inc. (NYSE:UTI) shares over potential securities laws violations by Universal Technical Institute and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Universal Technical Institute, Inc. (NYSE:UTI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Universal Technical Institute, Inc. (NYSE:UTI) concerning whether a series of statements by Universal Technical Institute regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On July 24, 2015, Universal Technical Institute reported in a SEC filing it had received a subpoena from the U.S. Attorney's Office for the Western District of North Carolina. The subpoena covers a broad range of matters relating to the Company's Mooresville, North Carolina campus operations over the past several years. The U.S. Attorney also seeks documents and information relating to the Company's compliance with the "90/10 rule," and other Company programs and practices. Shares of Universal Technical Institute, Inc. (NYSE:UTI) declined from $8.00 per share on July 23, 2015, to as low as $5.68 per share on July 24, 2015.

On July 31, 2015, NYSE:UTI shares closed at $6.37 per share.

Those who purchased shares of Universal Technical Institute, Inc. (NYSE:UTI) 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