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Publisher Jann Wenner agreed to sell his share of the magazine in 2017, meaning he would walk away with millions.
She filed a lawsuit in May 2015, and the suit eventually went to trial.
During the trial, it was revealed that Rolling Stone removed information that cast Eramo in a favorable light.
Rolling Stone, its publisher Jann Wenner, and the article’s author Sabrina Rubin Erdely, were all found liable for defamation in November 2016. The two sides settled in April 2017 for an undisclosed amount.
Three fraternity members – George Elias IV, Ross Fowler and Stephen Hadford alleged there was enough information in the article to identify them as some of the potential rapists in the story.
The original story was told by a young woman named Jackie Coakley — identified only as “Jackie” in the article — who said she was taken on a date by a handsome member of the Phi Kappa Psi fraternity at the University of Virginia, and then led back to the fraternity house where several other members of the fraternity violently gang-raped her on top of a broken glass table.