The court issued a file direction/order in a long-standing class action concerning alleged market timing by mutual funds.
The order set a peremptory trial date for January 10, 2022, for a maximum 40-day trial, conditional on the parties approving a detailed Trial Agenda by September 30, 2021.
The judge emphasized the need for the action to be genuinely ready for trial and for the Trial Agenda to be strictly adhered to, subject to judicial leave for variations.