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Note 5 - Commitments and Contingencies
9 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Commitments and Contingencies Disclosure [Text Block]
Note
5
: Commitments and Contingencies
 
In
June 2017,
the Company was served with a lawsuit by a veterinary clinic, styled Animal
Medical Center of Orland Park, Inc. v. PetMed Express, Inc., d/b/a
1
-
800
-PetMeds, and John Does
1
-
10,
Circuit Court of Cook County, Illinois, Chancery Division,
2017
-CH-
07347.
The plaintiff alleged that the Company was sending unsolicited advertisements via facsimile in violation of the Telephone Consumer Protection Act, and also seeks class action status. On
November 13, 2017,
this matter was voluntarily dismissed by the plaintiffs, with prejudice.
 
On
August 25, 2017
and
September 7, 2017,
shareholders filed putative securities class action lawsuits in the United States District Court for the Southern District of Florida, which were subsequently consolidated, against PetMed Express, Inc. (the “Company”) and the Company’s principal executive officers,
one
of whom is also a director. Relying exclusively on a false and defamatory, anonymous “report” posted on
August 23, 2017
on the Aurelius Value website the plaintiffs alleged violations of Sections
10
(b) and
20
(a) of the Securities Exchange Act of
1934.
The Company has always denied and continues to deny the plaintiffs’ unfounded accusations. The plaintiffs investigated their claims, and on or about
January 19, 2018,
the plaintiffs voluntarily dismissed the consolidated lawsuit without prejudice.
 
The Company has settled complaints that had been filed with various states’ regulatory boards in the past. There can be
no
assurances made that other states will
not
attempt to take similar actions against the Company in the future. The Company initiates litigation to protect its trade or service marks. There can be
no
assurance that the Company will be successful in protecting its trade or service marks.
 
Legal costs related to the above matters are expensed as incurred.