exception was thrown because of the plug-in: Neutron

Cubase
1

“An exception occurred. Save your work and restart the application.
The exception was thrown because of the plug-in:
Neutron”
This is the message I get when I try to load the insert on an audio track.
I have no problem with Izotope’s Alloy 2.
I also just finished Demo’ing their Nectar 2 plug-in with no problems.
Izotope thought it might have something to do with multiple MS C++ redistributable libs but not the case.
Anyone have this problem before?

2

Quick Update:
Per Izotope support, I tried running Cubase 8.0.40 in Safe Mode and disabling program preferences but still got the same results.
Anyone?