The D&O Diary has a post on Judge Neil Gorsuch's view of securities litigation:
On the bench, Judge Gorsuch has written only one opinion in a private securities litigation case. See MHC Mutual Conversion Fund, L.P. v. Sandler O’Neill & Partners, L.P., 761 F.3d 1109 (10th Cir. 2014). It is noteworthy that the ruling, on a significant topic in securities litigation, evinces a distinct undercurrent of skepticism toward the expansive application of federal securities laws, and was ultimately embraced by the United States Supreme Court.
Do read the whole thing.