The mood was upbeat at Safecard Services Inc.'s annual meeting as shareholders overwhelmingly approved chairman Paul Kahn's restructuring plan as well as a new holding company name - Ideon Group Inc.

Even so, former Safecard chairman Peter Halmos' full-page ad in The Wall Street Journal the same day, charging Mr. Kahn and the company with violating Securities and Exchange Commission rules, put a damper on some shareholders' spirits.

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