If it was a single company, then it might help. But this is likely to affect hundred if not thousands of companies. Millions of potential complaints. That will be a cluster, if everyone does complain. DOL may not like it, but they will likely take into account the fact that these were caused by a bank failure to a scale we've not seen in a decade. At the end of the day the culprit is a bank that's now toast, or the FDIC... who's immune.
And if this goes on for any length of time, you could sue your employer... but lack of payroll would only happen if the company no longer has any money - effectively making them bankrupt. Again you could name SVB in the lawsuit, or the FDIC... but good luck getting blood from the stone.
>And if this goes on for any length of time, you could sue your employer... but lack of payroll would only happen if the company no longer has any money - effectively making them bankrupt. Again you could name SVB in the lawsuit, or the FDIC... but good luck getting blood from the stone.
You could also sue the CEO directly. Failure to pay employee wages is one of the few things that can (somewhat) easily pierce the corporate veil.
And if this goes on for any length of time, you could sue your employer... but lack of payroll would only happen if the company no longer has any money - effectively making them bankrupt. Again you could name SVB in the lawsuit, or the FDIC... but good luck getting blood from the stone.