And whether or not they deserve the speedy attention of a court in Santa Ana, Calif. How’s a week from Wednesday sound?

The federal judge in California overseeing Allergan Inc’s insider trading lawsuit against Valeant Pharmaceuticals and activist investor William Ackman has set an Aug. 20 hearing date to decide on a fast-track schedule for the case, according to court documents….

The Botox maker said in the complaint that Valeant and Ackman violated securities laws on tender offers when they teamed up on a $48 billion cash and stock offer.

California judge sets August 20 hearing in Allergan vs. Valeant case [Reuters]

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