PVS-Studio warning V668 for TortoiseSVN

int _tmain(....)
{
  ....
  pBuf = new char[maxlength];
  if (pBuf == NULL)
  {
    _tprintf(_T("Could not allocate enough memory!\n"));
    delete [] wc;
    delete [] dst;
    delete [] src;
    return ERR_ALLOC;
  }
  ....
}

This suspicious code was found in TortoiseSVN project by PVS-Studio static code analyzer.
Warning message is:
V668 There is no sense in testing the 'pBuf' pointer against null, as the memory was allocated using the 'new' operator. The exception will be generated in the case of memory allocation error. subwcrev.cpp 912

PVS-Studio is a static analyzer for detecting bugs in the source code of applications written in C, C++, C++11, C++/CX. Site: http://www.viva64.com/en/pvs-studio/