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Quotes & Info
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| LOJN > SEC Filings for LOJN > Form 8-K on 20-Mar-2009 | All Recent SEC Filings |
20-Mar-2009
Other Events
On March 17, 2009, the American Arbitration Association issued a Partial Final Award in Phase I of the arbitration proceeding between LoJack Corporation's subsidiary, LoJack Equipment Ireland, Ltd., and its former licensee in China, Kington Holdings Limited. The Arbitrator determined that LoJack Equipment Ireland improperly terminated the license agreement, but denied the former licensee's claim for treble damages. Whether the former licensee is entitled to any damages and, if so, the amount will be determined in Phase II of this ongoing arbitration proceeding.
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