(FOXNEWS) — Phi Kappa Psi, the fraternity at the center of the discredited Rolling Stone magazine story about an alleged gang rape at the University of Virginia, said Monday it plans to pursue "all available legal action" against the magazine.
"Our fraternity and its members have been defamed," chapter president Stephen Scipione said in a statement.
The fraternity called the story "reckless," saying that the article was viewed by millions, led to members being ostracized and there was vandalism of the fraternity house.
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Rolling Stone late Sunday formally retracted the discredited story about the alleged rape at Phi Kappa Psi after an independent review dubbed the article a "journalistic failure."
