[Dr Winston O Boogie jr]

I bought my pre owned house a little over a year ago. Naturally I had a home inspection before I closed. A few weeks ago I turned on a ceiling fan / light, there was flash at the wall with and the light didn't come on.
I called and electrician who found that the wiring was substandard and not up to code. Fixture wiring had been used between the switch, the power supply and the fixture. The electrician said that we are lucky there wasn't a fire.
Now I find that the wired is just sort of jammed behind the paneling and not run through any kind of channels. They can't even snake a new wire where the old one is. They can't even get the old wire out.
They are going to run an outside raceway and hook me up again, but this is going to cost me between $300 and $500.
Do I have any recourse against the company that did the home inspection? Is this something that should have shown up in an inspection?