Updated

The family of a Florida teen who went missing at sea while on a fishing trip with a friend is dropping its lawsuit over the contents of the friend's recovered cellphone.

The family of Perry Cohen issued a statement Tuesday saying it is satisfied that the family of Austin Stephanos will share whatever information is found on the cellphone with them and law enforcement.

The 14-year-olds went missing last July when their boat capsized off the Florida coast during a severe storm. Their bodies were never recovered, but a Norwegian cargo ship spotted their 19-foot boat near Bermuda last month and recovered it. Onboard were Austin's phone and some fishing gear.

The Cohen family had filed a lawsuit this week asking that law enforcement be allowed to search the phone.