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Note 5 - Commitments and Contingencies
6 Months Ended
Sep. 30, 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 alleges that the Company was sending unsolicited advertisements via facsimile in violation of the Telephone Consumer Protection Act, and also seeks class action status. The Company will defend itself vigorously against what it contends are baseless allegations. Legal counsel has been retained, but at this stage however, it is difficult to assess any possible outcome or estimate any potential loss in the event of an adverse outcome.
 
On
August 25, 2017,
a shareholder filed a putative securities class action lawsuit in the United States District Court for the Southern District of Florida against
PetMed Express, Inc. (the “Company”) and the Company’s principal executive officers,
one
of whom is also a director. Then on
September 7, 2017,
a
second
shareholder filed another putative securities class action lawsuit in the United States District Court for the Southern District of Florida against PetMed Express, Inc. (the “Company”) and the Company’s principal executive officers,
one
of whom is also a director. The Company believes the complaints’ allegations are unfounded and legally without merit and intends to defend itself vigorously.
 
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.