According to an Associated Press article Novemeber 21, Delta Sigma Phi HQ has suspended the U. of Virginia chapter. The chapter will be reorganized. The fraternity may expel or suspend some of the members. At this point the timeline for the suspension and reorganization is indefinite.
The fairly short article can be found at
http://www.wjla.com/news/stories/1103/111235.html
or by doing a Google News search.
Seems like reasonable action, assuming that the Delta Sigma Phi inquiry into the allegations came up with indications of serious problems.