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Re:H-1B Visas: U.S. Lawmaker Re-Introduces Bill to Tighten R... by partycoder on Monday January 09, 2017 @08:05PM (#13361613)
They can be transferred, but you are still at risk until the other company gets the receipt from the USCIS which might take up to a couple of months.
Re:H-1B Visas: U.S. Lawmaker Re-Introduces Bill to Tighten R... by winter_blue on Monday January 09, 2017 @09:44PM (#13362116)
Couple of corrections:

1. You can start working for the new employer as soon as the petition has been sent out. For example, as soon as you have a FedEx/UPS tracking number for the petition, you can start the new job (even before receiving a Notice of Receipt).

2. You get a Notice of Receipt (form I-797C) usually in less than a week (and usually in about 3 days), if the petition was mailed in with overnight shipping.

3. Now receiving a Notice of Approval (form I-797A or I-797B) -- i.e. the actual adjudication of the petition, typically takes a couple of months with regular processing, but only 15 business days with premium processing.

Re:H-1B Visas: U.S. Lawmaker Re-Introduces Bill to Tighten R... by fra on Monday January 09, 2017 @08:48PM (#13361835)
< 15 days if you file for premium processing