The commission announced that on June 14 Alan Ihne, Eugene Chiaramonte, a securities broker, and David Rapaport, a partner at a New york securities brOkerage firm, were all sentenced to prison terms on convictions arising out of the misappropriation of material nonpublic information from Sullivan & Cromwell. Ihne, who was convicted on seven counts of conspiracy, insider trading, tender offer violations, and tax evasion,was sentenced 3-1/2 years. Chiaramonte, convicted of tax evasion, waa sentenced to 1-1/2 years. Rapaport, also convicted of tax evasion, was sentenced to six months. (SBC V. DOminick Musella, et al., usoe SDNY, 83 Civ. 342 [CSB]). (LR-l0791)
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