Haselkorn & Thibaut, P.A., operating as Investment Fraud Lawyers, has officially opened an investigation into financial advisors Paul McIntyre (CRD# 1002368) and Al Dinicola (CRD# 1305518), both based in Lake Oswego, Oregon, and their recommendations while affiliated with MSC BD. Our attorneys are leveraging our insider knowledge from decades on Wall Street to focus on potential investor losses arising from their actions and what it could mean for you or your loved ones.
Understanding the Allegations Against Paul McIntyre and Al Dinicola (Lake Oswego, Oregon, MSC BD)
Recent BrokerCheck reviews and our ongoing investigation show that Paul McIntyre and Al Dinicola face a pending investor complaint, filed in June 2026. The complaint alleges these advisors, as registered representatives of MSC BD, recommended an unsuitable 1031 exchange investment. The investor claims damages totaling $350,000.
Our review focuses not just on this isolated complaint, but on the broader implications for current and former clients who may have engaged in allegedly unsuitable transactions or lost funds following recommendations from McIntyre or Dinicola. If you suspect you were provided recommendations that did not suit your investment goals, or suffered similar losses, we strongly encourage you to seek guidance from experienced securities attorneys.
Key Facts: Paul McIntyre & Al Dinicola – Complaint Overview
Table of Contents
| Advisor | Broker-Dealer | Location | Complaint Filed | Allegation | Claimed Damages | Status |
|---|---|---|---|---|---|---|
| Paul McIntyre (CRD# 1002368) |
MSC BD | Lake Oswego, OR | June 2026 | Unsuitable 1031 Exchange Recommendation | $350,000 | Pending |
| Al Dinicola (CRD# 1305518) |
MSC BD | Lake Oswego, OR | June 2026 | Unsuitable 1031 Exchange Recommendation | $350,000 | Pending |
Paul McIntyre currently holds 41 years of experience in the securities industry, registered as a broker with MSC BD since 2007 and, as of April 2026, registered as an investment advisor with Fiduciary Capital Management. Al Dinicola brings additional years of service to MSC BD, having registered in 2018. Both are licensed across multiple states, including California, Florida, Illinois, North Carolina, and Oregon.
Background, Licenses, and Public Record Summaries
- As of June 21, 2026, neither Paul McIntyre nor Al Dinicola has been subject to regulatory actions, lawsuits, SEC orders, or enforcement investigations beyond this pending investor complaint.
- No prior customer complaints are reported on their BrokerCheck records.
- Each advisor denies the allegations, asserting that the recommendations were suitable, aligned with the client’s needs, and made in good faith based on the information available at the time.
- It is important to note that no finding of liability has been made at this stage.
Though current disclosures show only the single pending complaint, our attorneys know from extensive experience that early red flags, such as a high-value suitability complaint, warrant careful scrutiny. Often, unsuitability claims can precede additional findings or complaints as more affected investors come forward.
What Is a 1031 Exchange? Why Is Suitability Critical?
A 1031 exchange allows investors to defer capital gains taxes on property by exchanging it for another of like kind. These are sophisticated transactions and are typically suitable only for certain investors with specific profiles and objectives. Suitability means the recommendation aligns with your financial situation, risk tolerance, investment horizon, and tax strategy. When an advisor fails in this duty, investors may suffer unexpected losses, lack liquidity, or encounter tax complications.
Our attorneys have handled numerous recovery claims involving unsuitable exchange recommendations, illiquid real estate products, and alternative investments, recovering significant funds for investors nationwide.
Red Flags & Investor Concerns: Paul McIntyre & Al Dinicola, MSC BD Advisors in Lake Oswego, OR
- The pending six-figure complaint raises questions about the suitability of specific 1031 exchange products recommended to investors.
- Though no findings of wrongdoing have been made, the presence of any suitability complaint, especially for a complex product like a 1031 exchange, deserves prompt attention.
- Previous roles and licenses across multiple advisory firms can increase ongoing risk exposures, particularly if firm supervision or compliance lapses occurred.
As part of our investigation, we continue to monitor for:
- Additional investor complaints or regulatory filings.
- Any adverse findings that could impact affected investors’ claims or recovery prospects.
- Developments in the pending complaint that may clarify the scope or nature of possible redress.
We urge any investor who engaged Paul McIntyre or Al Dinicola, especially regarding 1031 exchange or alternative investment strategies, to take these red flags seriously. Early action is critical to maximize any potential recovery of your losses.
How Our Firm Can Help You Recover Investment Losses
With our 98% success rate across hundreds of investor claims, 95+ years of combined securities law experience, and the distinction of being Top 2% peer-reviewed and Super Lawyers-designated, we fight tenaciously to recover losses for individual investors. Over $520 million has been involved in securities matters we have prosecuted, always with a “No recovery, no fee” policy. Our attorneys’ roots as former Wall Street defense lawyers mean we anticipate industry defense tactics and turn that insider knowledge to your advantage.
We offer:
- Confidential, free consultations to review your potential claim and recovery options.
- Direct evaluation by seasoned securities attorneys, not paralegals or call centers.
- Representation nationwide for investors who purchased through MSC BD or any financial professionals in Lake Oswego, Oregon.
- Ongoing monitoring and aggressive representation as new facts emerge during our formal investigation.
Take Action – Get a Free, No Commitment Consultation
If you invested with Paul McIntyre, Al Dinicola, or through MSC BD in Lake Oswego, Oregon and experienced losses tied to suitability or alternative investment recommendations, you may have grounds for recovery. Call us today at 1-888-885-7162 for a free and confidential consultation with our attorneys. We are ready to advocate fiercely for your financial recovery, and there is never a fee unless we recover funds for you.
