PVS-Studio warning V501 for Miranda IM

USERINFO* UM_AddUser(STATUSINFO* pStatusList,
  USERINFO** ppUserList, const TCHAR* pszUID,
  const TCHAR* pszNick, WORD wStatus)
{
  ...
  if (!pStatusList || !ppUserList || !ppUserList)
    return NULL;
  ...
}

This suspicious code was found in Miranda IM project by PVS-Studio static code analyzer.
Warning message is:
V501 There are identical sub-expressions to the left and to the right of the '||' operator: !pStatusList ||!ppUserList ||!ppUserList  chat  manager.c  1333

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/