Some commentators have posed the question — can “friending” your employees lead to a lawsuit?  The Business Insider has a post here.  Law.com’s story is here.

Certainly the opposite has happened — employees have been fired based on comments on social networking sites.  According to one study, at least 8% of surveyed companies had terminated an employee based on internet postings.  (This article has a copy of the Facebook posting that has circulated the internet where the employee comments about her boss, and her boss then responds by terminating her.)