The 19-year-old has been served a notice of complaint by the Scottish Football Association after being cited for "punching a player on the opposing team" and "thereafter kicking him repeatedly on the head and body".
The incident occurred in the 85th minute of the SPFL Under-20 League match at Firhill, which the hosts won 2-1. A heavy challenge led to a mass confrontation, during which, according to the report of referee Grant Irvine, Fraser was guilty of excessive misconduct.
Fraser was sent off along with Kane and Thistle's Dale Keenan. All players will incur an automatic two-match ban which applies for their respective senior sides.
However, Vincent Lunny, the compliance officer, has notified Thistle that Fraser has additionally been charged with breaching Rule 201 of the SFA's disciplinary guidelines.
If found guilty, the top-end punishment the former Hamilton Academical player could face is a one-year ban, while a 16-match suspension is also among the heavier sanctions.
An eight-match suspension is the mid-range penalty, while Fraser's absence would stretch to four games if the misdemeanour is deemed at the lower end of the scale.
The player will face a disciplinary hearing at Hampden Park on November 14, where his fate will be decided.
Fraser arrived at Firhill on a six-month loan deal from Bolton Wanderers during the summer and has played four times for Partick.