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BRIEFLY

Two were sentenced in the 'yuppie insider' case.

March 03, 1987

The two defendants, who pleaded guilty last June to reaping $160,000 in illegal profits, were given fines of $25,000 each in federal court in White Plains, N.Y. Morton Shapiro, 25, a former stockbroker with Moseley, Hallgarten, Estabrook & Weeden, was sentenced to two months in jail and ordered to pay a $25,000 fine. Daniel Silverman, 24, was sentenced to three years probation, a $25,000 fine and ordered to provide 250 hours of community service. Shapiro and Silverman were two of the original "yuppie five," a group of under-30-year-olds accused last year of using information supplied by Michael David, 28, while he was an attorney at the New York law firm of Paul, Weiss, Rifkind, Wharton & Garrison.

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