Broker Representative gave me incorrect information that resulted in losses. Can I take action?

I got an account transferred to me that is invested in a (poorly performing) mutual fund, I called the Broker to get information on it and they stated I could only change to another fund or sell/make any changes every quarter.

Fast forward a month and I called again asking when the exact quarter date is to sell it and they told me there are no restrictions on when I can sell or exchange funds. I can do it at anytime with them.

During this time my account lost ~10%

It started around 33k and is now 30K for a loss of around 3k.

Is there action I can take if I had the intent to liquidate the shares of this fund initially, but kept the money in because the representative said I had to? Is it worth taking action for 3k?