ORANGE COUNTY BRIEFLY : Aliso Viejo Health Firm Downgraded by Nasdaq

Nasdaq delisted SafeGuard Health Enterprises Inc.’s stock from the national market. Aliso Viejo-based SafeGuard, which markets a variety of health-care, vision and life insurance plans, said it failed to meet Nasdaq’s net tangible assets requirement. The company said the shares were trading on the lower profile over-the-counter bulletin board. SafeGuard’s shares closed Thursday at $3.69 on the Nasdaq market. On Friday, the stock closed at $3.25 in over-the-counter trading. In July, an investment group led by CAI Partners and Co. and Jack R. Anderson agreed to invest $40 million to gain control of the company. The investment group has decided to continue with its investment plans, SafeGuard said.