Shareholders filed a class action lawsuit against the digital mapping company opposing the tender offer and merger transaction with Simrad Yachting AS and Simrad Yachting's wholly owned subsidiary, Navico Acquisition Corp. Lowrance agreed to include additional disclosures in its filings with the Securities and Exchange Commission and not to oppose a fee application by plaintiff's attorneys of $325,000. (Feb-28-06)
[BUSINESS WIRE]
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