Paine College said Saturday night that it will file a federal lawsuit within 48 hours seeking to restore its accreditation, hours after the Southern Association of Colleges and Schools Commission on Colleges revealed that its appeals committee was supporting a June decision to end accreditation for the Augusta private school. Paine said it will ask a federal judge to prevent the accreditation ruling until the conclusion of a lawsuit, and “is hopeful that the court will enter such an order in the next few days.” Syncronex: Metered read more