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December 07, 2012 01:24 PM Eastern Daylight Time 

Rosen Law Firm Investigates Securities Claims Universal Technical Institute – UTI

NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm announces that it is investigating securities claims against Universal Technical Institute (NYSE: UTI) to recover shareholder losses.

On November 28, 2012 UTI announced that in September it received a Civil Investigative Demand from the Massachusetts Attorney General relating to the pending investigation of a false claims allegation related to student loans, guarantees, and grants. Particularly, the government action relates to allegations that UTI caused false claims to be submitted to Massachusetts relating to student loans, guarantees and grants provided to students at the UTI’s Norwood, Massachusetts campus. This adverse information caused UTI’s stock fall 28% on November 28, 2012.

The Rosen Law Firm is investigating securities claims as a result of this adverse information. If you purchased UTI’s securities prior to November 28, 2012, you may visit the website at http://www.rosenlegal.com to join the action. You may also contact Phillip Kim, Esq. or Jonathan Horne of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or jhorne@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contacts

The Rosen Law Firm P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Jonathan Horne, Esq.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 562-8616
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
jhorne@rosenlegal.com
www.rosenlegal.com

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