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News Breaks
November 28, 2012
04:59 EDTUTIUTI sees FY13 student starts close to flat year-over-year
Universal Technical Institute stated on a conference call and in a press release, that it expected 2013 new student starts for the first half of the year to be flat to slightly down before possibly improving during the second half, resulting in full year new student starts to be close to flat year over year. Additionally, the company confirms the remainder of the previously disclosed FY13 guidance.
News For UTI From The Last 14 Days
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July 24, 2015
08:26 EDTUTIUniversal Technical receives subpoena from US Attorney Office
In a regulatory filing, Universal Technical disclosed that it received a subpoena from the U.S. Attorney’s Office for the Western District of North Carolina issued pursuant to the Financial Institutions Reform, Recovery and Enforcement Act of 1989. The subpoena covers a broad range of matters relating to the company’s Mooresville, North Carolina campus operations over the past several years. It also seeks documents and information relating to the company’s compliance with the “90/10 rule,” and other Company programs and practices. Universal Technical intends to cooperate with the U.S. Attorney’s Office, and cannot predict the duration or outcome of its inquiry.

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