OPT and H-1 B conflict at the time of lay off

Yogini

Registered Users (C)
I am on OPT which is valid till Aug 24 2002. I am working for company A since last 7 months and my H1-B is in process. I may get laid off next month. If at that time my H1-B is still in process and I have to join employer B, can I start working immediately on my OPT and then do premium processing for new H1-B.

Please help!
Thanks
 
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