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Fraternity Chapter at U-VA. to Settle Suit Against Rolling Stone for $1.65 Million

A Phi Kappa Psi fraternity chapter announced Tuesday it plans to settle a lawsuit against Rolling Stone magazine in a defamation case involving allegations — later debunked — that University of Virginia students participated in a gang rape.

A spokesman for the fraternity, Brian Ellis, said that the case filed in state court in Charlottesville is expected to be settled for $1.65 million.

“It has been nearly three years since we and the entire University of Virginia community were shocked by the now infamous article, and we are pleased to be able to close the book on that trying ordeal and its aftermath,” the fraternity chapter wrote in a statement. “The chapter looks forward to donating a significant portion of its settlement proceeds to organizations that provide sexual assault awareness education, prevention training and victim counseling services on college campuses.”