Updated

!--StartFragment-->

A third lawsuit has been filed against Rolling Stone Magazine for its reporting of an alleged gang-rape at the University of Virginia that turned out to be a hoax.

The fraternity accused of conducting the gang-rape as part of an initiation, Phi Kappa Psi, is suing Rolling Stone for $25 million.

"This defamation action is brought to seek redress for the wanton destruction caused to Phi Kappa Psi by Rolling Stone's intentional, reckless and unethical behavior," the complaint says.

The Phi Psi house was vandalized after the Rolling Stone article was published.

Read more on WashingtonExaminer.com