{"id":402445,"date":"2020-12-17T17:27:28","date_gmt":"2020-12-17T22:27:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402445"},"modified":"2020-12-17T17:27:28","modified_gmt":"2020-12-17T22:27:28","slug":"rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\/","title":{"rendered":"ROSEN, A GLOBAL AND LEADING LAW FIRM, Continues to Investigate Securities Claims Against Huazhu Group Limited \u2013 HTHT"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, Dec.  17, 2020  (GLOBE NEWSWIRE) &#8212; Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Huazhu Group Limited (NASDAQ: HTHT) resulting from allegations that Huazhu may have issued materially misleading business information to the investing public.<\/p>\n<p align=\"justify\">On September 21, 2020, Bonitas Research issued a report on the Company which alleged that Huazhu \u201clied about the ownership of its hotel portfolio to produce fake financials.\u201d The report also stated that Bonitas\u2019 fieldwork \u201cconfirmed that Huazhu secretly supported operating costs of franchisee hotels owned by undisclosed current Huazhu employees &amp; other undisclosed related parties (\u2018off-book hotels\u2019).\u201d Bonitas further asserted that it \u201cbelieve[s] that Huazhu concealed operating expenses using undisclosed related party transactions to artificially inflate Huazhu\u2019s reported profits[,]\u201d and that it \u201ccalculate[s] that Huazhu\u2019s fake profits manifested as RMB 2 billion (US$ 300 million) of fake PP&amp;E on its CYE\u201919 balance sheet.\u201d<\/p>\n<p align=\"justify\">On this news, Huazhu\u2019s American Depositary Share (&#8220;ADS&#8221;) price fell $1.54, or over 3%, to close at $40.48 per ADS on September 21, 2020, thereby injuring investors.<\/p>\n<p align=\"justify\">Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Huazhu\u2019s investors. If you purchased ADSs of Huazhu, please visit the firm\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=uvDMVykj3JVgkTrrDbzkfNgKVY57DH8f1z2jrcecFfV10-alfp6qM_Wl0Dh1E_l5ZkioyEODRLGS6Z4rPRYGDCmgH0uRNRg2jpL7eTgfdPki_BSHExmbPOKJ_BDw5CEX\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.ro<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qEWPC5ySGwPplJx5yLol3SY__23JQtK73c9neLmXFbSGKMHyYF59KmG9PnVwv5rp-9A4Y2-m_Wru1qphjbxmRqWbs8Mg9TA6FLyHJSElEj0=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">s<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5VfnRZcHV4QqnFO2sicWA7kGeYR7Ez7qXrNZiO58vP7o7Eb7iA9DNAGFS6m_hRtES9WQCxF3FlzTpZ8al6IfhvG0bEAy9AVF6Dn38T_sV6SbXPdkysvAcqqZCkSm6SZXxUwb4VwEbHz8F9xE27cD0w==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">enlegal.com\/cases-register-1949.html<\/a> to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qLmVIlqhFoZ1IDHRnrUW-VeFsN-vJ0M6MxzyvBjG9WYU9ET3zmmaZfKJPfGfnvht2TAW7Z4pFU8H7oZZXI-3AmGkViqmL9g2gBu5PQCtKfc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9S5ftkQsa-k2J7QXz6aXqrtH3z91j4Yv81kBLLw0OVqQpNJwO4tCzD2YOk0YKynw6eGqmSAqXtIta9jPuyorUuKpKfAdnoVlcOZGgE8lrDg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@rosenlegal.com<\/a>.<\/p>\n<p align=\"justify\">Follow us for updates on LinkedIn: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JiRQBRKkCZOoT4zI-dFOQ28TmyZ5e2y5K7eDhN6nh5w-eQ5s8FksRtynB_Edvge9QHgw6OToA_nOKambmHoDMedoRnMxmHbUsBqsIL7f5OUxNjaqxyAv9zVJk1chu13H7nPrAEk4KLtkFeMeSYfq4dYQo14fAocKfMATmgpfKCQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a> or on Twitter: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JiRQBRKkCZOoT4zI-dFOQySJYJdVqGcMicugXj7gqYX6LRKBmym_hIj1fxzhre7xkRG-_pegtsztV-DXDaTTme2hHi4aIBZCHazj3jdCPK5eqY6Zuq3muEc53c8L72ZB\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JiRQBRKkCZOoT4zI-dFOQxiXdqO3QpR687N-5P8OtXYf0u184rh_kEpLuA-yn91jxV-YuJQ8O14tJk9B72ujTBWjK7IvU_NOChJa9q3tI85agVkYEw4YoB-Kvh31FGax\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.facebook.com\/rosenlawfirm<\/a>.<\/p>\n<p align=\"justify\">Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm\u2019s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.<\/p>\n<p align=\"justify\">Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p align=\"justify\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p align=\"justify\">Contact Information:<\/p>\n<p align=\"justify\">Laurence Rosen, Esq.<br \/>Phillip Kim, Esq.<br \/>The Rosen Law Firm, P.A.<br \/>275 Madison Avenue, 40<sup>th<\/sup> Floor<br \/>New York, NY 10016<br \/>Tel: (212) 686-1060<br \/>Toll Free: (866) 767-3653<br \/>Fax: (212) 202-3827<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ENvkZituDDFwUq6El-WMKTnM-iOIqWd__tk4VnGP0sUivv2Wf0cupV-H6in3Hzs8CfBNFqai8J0Cp8ZnCHbregOs-x31yZQYzrucnheQ_Cg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">lrosen@rosenlegal.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qLmVIlqhFoZ1IDHRnrUW-WgFbPsRjeKkPziKHNYqYQxjQl5kav-She21CEKH4OwdumhW-pfJw7OqaezI6X0CN3_JJw_Lojf3Q-7x5B3UzH8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9S5ftkQsa-k2J7QXz6aXqvk945rkucUqw2VVj0Wu5IwA8hYv8HmTWoh1Kpq9BqMdOn_L5mLWK64XwJ4paQ85osuxHNJh1ruH0e_BSWfqC14=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@rosenlegal.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2svUNeZhj8kU5sXL4MbRWla-APImXIRk15LvgbiXt_R4ngbqVZR6HGmJgAPtdAD_2iyW1c--bl6Hzbq0JsaBmNp0lEBQuxwMXrOHqo583DQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.rosenlegal.com<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDQzMSMzODg3NTk1IzIwMjA0MTE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/9c63805b-a34d-4ceb-a799-dd9b9efeac2f\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Huazhu Group Limited (NASDAQ: HTHT) resulting from allegations that Huazhu may have issued materially misleading business information to the investing public. On September 21, 2020, Bonitas Research issued a report on the Company which alleged that Huazhu \u201clied about the ownership of its hotel portfolio to produce fake financials.\u201d The report also stated that Bonitas\u2019 fieldwork \u201cconfirmed that Huazhu secretly supported operating costs of franchisee hotels owned by undisclosed current Huazhu employees &amp; other undisclosed related parties (\u2018off-book hotels\u2019).\u201d Bonitas further asserted that it \u201cbelieve[s] that Huazhu concealed operating expenses using undisclosed &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ROSEN, A GLOBAL AND LEADING LAW FIRM, Continues to Investigate Securities Claims Against Huazhu Group Limited \u2013 HTHT&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402445","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ROSEN, A GLOBAL AND LEADING LAW FIRM, Continues to Investigate Securities Claims Against Huazhu Group Limited \u2013 HTHT - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, A GLOBAL AND LEADING LAW FIRM, Continues to Investigate Securities Claims Against Huazhu Group Limited \u2013 HTHT - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Huazhu Group Limited (NASDAQ: HTHT) resulting from allegations that Huazhu may have issued materially misleading business information to the investing public. On September 21, 2020, Bonitas Research issued a report on the Company which alleged that Huazhu \u201clied about the ownership of its hotel portfolio to produce fake financials.\u201d The report also stated that Bonitas\u2019 fieldwork \u201cconfirmed that Huazhu secretly supported operating costs of franchisee hotels owned by undisclosed current Huazhu employees &amp; other undisclosed related parties (\u2018off-book hotels\u2019).\u201d Bonitas further asserted that it \u201cbelieve[s] that Huazhu concealed operating expenses using undisclosed &hellip; Continue reading &quot;ROSEN, A GLOBAL AND LEADING LAW FIRM, Continues to Investigate Securities Claims Against Huazhu Group Limited \u2013 HTHT&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-17T22:27:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDQzMSMzODg3NTk1IzIwMjA0MTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ROSEN, A GLOBAL AND LEADING LAW FIRM, Continues to Investigate Securities Claims Against Huazhu Group Limited \u2013 HTHT\",\"datePublished\":\"2020-12-17T22:27:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\\\/\"},\"wordCount\":433,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExNDQzMSMzODg3NTk1IzIwMjA0MTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\\\/\",\"name\":\"ROSEN, A GLOBAL AND LEADING LAW FIRM, Continues to Investigate Securities Claims Against Huazhu Group Limited \u2013 HTHT - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\/","og_locale":"en_US","og_type":"article","og_title":"ROSEN, A GLOBAL AND LEADING LAW FIRM, Continues to Investigate Securities Claims Against Huazhu Group Limited \u2013 HTHT - Market Newsdesk","og_description":"NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Huazhu Group Limited (NASDAQ: HTHT) resulting from allegations that Huazhu may have issued materially misleading business information to the investing public. On September 21, 2020, Bonitas Research issued a report on the Company which alleged that Huazhu \u201clied about the ownership of its hotel portfolio to produce fake financials.\u201d The report also stated that Bonitas\u2019 fieldwork \u201cconfirmed that Huazhu secretly supported operating costs of franchisee hotels owned by undisclosed current Huazhu employees &amp; other undisclosed related parties (\u2018off-book hotels\u2019).\u201d Bonitas further asserted that it \u201cbelieve[s] that Huazhu concealed operating expenses using undisclosed &hellip; Continue reading \"ROSEN, A GLOBAL AND LEADING LAW FIRM, Continues to Investigate Securities Claims Against Huazhu Group Limited \u2013 HTHT\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-17T22:27:28+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDQzMSMzODg3NTk1IzIwMjA0MTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ROSEN, A GLOBAL AND LEADING LAW FIRM, Continues to Investigate Securities Claims Against Huazhu Group Limited \u2013 HTHT","datePublished":"2020-12-17T22:27:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\/"},"wordCount":433,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDQzMSMzODg3NTk1IzIwMjA0MTE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-global-and-leading-law-firm-continues-to-investigate-securities-claims-against-huazhu-group-limited-htht\/","name":"ROSEN, A GLOBAL AND LEADING LAW FIRM, Continues to Investigate Securities Claims Against Huazhu Group Limited \u2013 HTHT - 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