Bank of America and Barclays Face Libor Suit and 3 More Hot Stocks

Bank of America (NYSE:BAC): Bank of America and Barclays (NYSE:BCS) are among a handful of banks being sued by the University of California over Libor manipulation, as the education system accuses the banks of fraud, deceit, and unjust enrichment, among other claims, and it seeks unspecified damages for either paying inflated interest rates or receiving deflated interest rates on its Libor-linked investments.