Everything would depend on the facts. If you "accepted" the offer, in writing or by changing your position, perhaps yes. If the offer letter was rescinded before you accepted, probably no. You need to reduce all the details to writing and then consult an attorney with your statement and your offer letter for his/her evaluation under your state law.
Yes, an offer letter is valid as far as it goes. As a general matter, unless the offer letter has been accepted and, more importantly, unless it provides for a definite term of employment, then it is deemed an offer of at-will employment which may be terminated by either party at any time.
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