So of course they're suing the national organization because that's where the money is. They're going to find out that fraternities are legally structured in such a way that makes it very difficult to hold the national organization accountable. They'll find that Pi Kappa Alpha regularly sends consultants to educate and report regarding hazing and that the local organization was able to hide this behavior from the national organization.
They'll find the property itself is probably in an LLC which means that even if there is a judgment, (at least in my State), the best they can do is get a charging order which is an order to pay from the profits of the LLC--and the LLC will continue to reinvest 100% of its income back into the property. Their best bet is to sue the individual fellow students, and honestly, not very many civil attorneys are interested in collecting a judgment against a 21 year old kid. There'll be a swarm of press coverage for awhile, but I don't think there'll be justice.
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SN -SINCE 1869-
"EXCELLING WITH HONOR"
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Mu Tau 5, Central Oklahoma
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