UTA Universal Travel Grp.

Rigrodsky & Long, P.A. announces that a class action lawsuit has been filed in the United States District Court for the District of New Jersey on behalf of all persons or entities who purchased or otherwise acquired the stock of Universal Travel Group, Inc. (“Universal Travel” or the “Company”) (NYSE: UTA) between January 19, 2010 and April 12, 2011, inclusive (the “Class Period”), alleging violations of the Securities Exchange Act of 1934 (the “Complaint”).

If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Timothy J. MacFall, Esquire or Noah R. Wortman, Case Development Director of Rigrodsky & Long, P.A., 919 North Market Street, Suite 980 Wilmington, Delaware, 19801 at (888) 969-4242, by e-mail to info@rigrodskylong.com, or via our website: http://www.rigrodskylong.com/news/Universal Travel Group - UTA.

The Complaint names Universal Travel, certain of the Company’s current executive officers and directors as defendants. Universal Travel, together with its subsidiaries, operates as a travel service provider offering air ticketing and hotel booking services, as well as domestic and international packaged tourism services via the Internet, customer representatives, and kiosks in the People’s Republic of China.

The Complaint alleges that the Company and certain of its officers and directors issued materially false and misleading information in its filings with the United States Securities and Exchange Commission (“SEC”) concerning the Company’s financial condition and internal controls.

On March 8, 2011 a research firm called Glaucus Research Group issued a report setting forth numerous red flags of fraud at UTA (the “Report”) alleging that UTA was actually fabricating its publically filed financial statements with the SEC and that its underlying business was far smaller than reported in its SEC filings. Among other things, the Report also revealed that the financial statements of the companies Universal Travel acquired in 2010 that were filed with authorities in China showed only a fraction of the revenue, asset value and income, contrary to the statements Universal Travel made to investors about the acquired companies. Subsequently, on March 29, 2011 Universal Travel announced that it would postpone its earnings announcement for the fiscal year ended December 31, 2010.

On April 12, 2011, Universal Travels’ stock was halted and, to date, has not resumed. Two days later, on April 14, 2011 the Company announced that its independent auditor, Windes & McClaughry Accountancy Corporation (“Windes”) had resigned. Windes informed the Company in its resignation letter that it was no longer able to complete its audit process. Windes stated this was due in part to “Management and/or the Audit Committee being non-responsive, unwilling or reluctant to proceed in good faith and imposing scope limitations on Windes’ audit procedures.” Windes also stated that it “had lost confidence in the Board of Directors’ and the Audit Committee’s commitment to sound corporate governance and reliable financial reporting.”

If you wish to serve as lead plaintiff, you must move the Court no later than June 15, 2011. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Any member of the proposed class may move the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

While Rigrodsky & Long, P.A. did not file the Complaint in this matter, the firm, with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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

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