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INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Huazhu Group Limited and Encourages Investors with Losses of $100,000 to Contact the Firm

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The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Huazhu Group Limited ("Huazhu" or "the Company") (NASDAQ: HTHT) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Huazhu is the subject of a report issued by Bonitas Research on September 21, 2020. According to the report, the Company "lied about the ownership of its hotel portfolio to produce fake financials." The report alleges that the Company secretly supported certain franchisee hotels owned by Company employees and other off-book hotels. Bonitas Research also alleges that it "believe[s] that Huazhu concealed operating expenses using undisclosed related party transactions to artificially inflate Huazhu's reported profits[,]" and that it "calculate[s] that Huazhu's fake profits manifested as RMB 2 billion (US$ 300 million) of fake PP&E on its CYE'19 balance sheet." Based on this news, shares of Huazhu fell by more than 3.5% in intraday trading on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

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