The real DD shows that the deal between Newbridge and the European Wealth Group never was completed - I guess that when the EWG was doing their Due Diligence they found what I found - that Newbridge has some serious problems.
It doesn't look like the deal was consummated - there isn't anything about a acquisition on the company website.
JUNE 17, 2017
Newbridge Securities Corporation Named in Bad Broker Study
To make it on the list, the broker dealer had to have at least thirty percent of its brokers with one or more red flags. Newbridge Securities Corporation was identified as having two hundred and two brokers working for the firm, with forty two percent having publicly disclosable information.