As major oil companies begin to report layoffs resulting from collapsing oil prices, legal analysts predict a rise in employment litigation cases if the downturn continues. In this New Orleans CityBusiness article, Steven Griffith says that a cyclical downturn that results in layoffs opens the opportunity for former employees to file claims against their employers.
“There is no question that the longer the downturn—and therefore the longer an individual is out of work—does have a relationship with how likely a person is to file a lawsuit. But employers should be aware that a wage claim can be brought three years after the failure to pay,” Mr. Griffith said.
Read the Article