The Pi Kappa Alpha chapter at Colorado State will not lose their charter, according to an article in the Sept. 13 student paper. They will, however, not be recognized by the university.
Article:
http://www.collegian.com/vnews/displ.../432653c5c82b5
The article also includes a quote from a fraternity member trying to clarify what the partying was about. In this case, the explanation may not have made things seem a whole lot better

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"It isn't a case of . . . getting drunk at 5 a.m. and then throwing up and blacking out. It was more like a few drinks and then passing out or going to class," Selvy [the IFC president][I said.[/I]