If the investment advisor knew or should have known that the investment was risky, or the company had financial problems, and did not disclose that to you, then YES, you have a cause of action against the investment advisor for fraud, fraudulent concealment and other torts. You might not be able to prove anything now, but that is what discovery is for.

However, you are not likely to find an attorney to do this on a contingency basis and are looking at spending lots of bucks. Or in the alternative, learn civil law quickly and do it yourself.