It does appear there is evidence to indicate age discrimination was involved in violation of state and federal law.
However, the release you signed could work to bar your claims against the employer, so it is imperative to retain a local employment law attorney to evaluate your claim further, including the value of your claim.
State and federal law typically prohibit employers from selecting employees for layoff based on their age (40 and older) and provide a right to seek damages for lost wages and benefits and sometimes punitive damages against the employer.
You will normally need to file a complaint with the EEOC or state human rights commission but it is best to retain a local attorney to review your case including the agreement you signed first.
Good luck and take care.
Please press the ACCEPT button so I may be credited and paid for my time by Justanswer.com. Positive feedback and a BONUS are always appreciated.
NOTE: The law sometimes does not provide the answer we hoped it would. Please consider that I devote time to providing answers whether it benefits you or not and hope you don’t choose to shoot the messenger.
As always, I am available to clarify the answers for you. Thank you and the best of luck.