A source involved at the national level with the fraternity, Phi Kappa Psi, tells TheDC that Rolling Stone will pay $1.65 million to settle the defamation suit.
The magazine’s decision follows a settlement in April with Nicole Eramo, a University of Virginia associate dean who was also smeared in the article, which was written by Sabrina Rubin Erdely.
In the piece, “A Rape on Campus,” Erdely relayed the story of Jackie Coakley, a Virginia woman who claimed she was brutally raped by a group of Phi Kappa Psi fraternity members during a party in Sept. 2012.