PHOENIX — An Arizona State University fraternity’s operations have been suspended following accusations that the Tau Kappa Epsilon chapter hosted a distasteful party in commemoration of Martin Luther King Jr. Day, replete with racist stereotypes and offensive costumes.

“We regard the behavior exhibited as completely outrageous, extraordinarily offensive and wholly unacceptable,” said James Rund, ASU’s senior vice president for Educational Outreach and Student Services. “This kind of behavior is not tolerated by the university, and we intend to take swift and immediate action.

“We just don’t have room at the university to tolerate that kind of conduct.”

Alex Baker, a spokesman for the national fraternity organization, said the group does not condone racist or discriminatory behavior.

“It is with embarrassment and regret when a few individuals within our organization make decisions that do not align with the values and principles of Tau Kappa Epsilon,” Baker said in a statement.