It's shocking that so many people have no clue about what accreditation is or how it works. It's easy to conclude that most of the people posting here about accreditation matters have never been to college.
CCi owns two brands that are regionally accredited: Heald College and Everest College Phoenix (ECP). ECP's accreditation was recently renewed for another ten years. Any adverse action with regard to Heald's accreditation would be very lengthy. It would not happen overnight.
CCi's online and campus activities other than Heald and ECP are primarily accredited by ACICS, which is a national accrediting agency approved by the Department of Education. Any adverse action with regard to ACICS accreditation would also be very lengthy. It would not happen overnight.