Look Suite plug-in error

I've never had a problem with Magic Bullet software until now. When I try to apply an effect from Look Suite favorites, I get the following message: "AE Effects Error: Unable to find plugin "MB Look Suite FCP". Do you wish to load plugin from another directory?"

It allows me to load the plugin by choosing the file (located in Library/Application Support/Final Cut Pro System Support/Plugins/Magic Bullet Editors/MB Look Suite FCP), but the effect is not applied and the clip in the timeline shows up red in the canvas with the following message: "AE Effects Error: Unable to load plugin "MB Look Suite FCP"."

The Magic Bullet "Misfire" effects still work, with the exception of "Look Suite".

I use Look Suite effects extensively in my current project so this has basically shut down my workflow. Should I reinstall the software or is there another possible fix?

Sorry if this is slightly off FCP topic... if anyone could point me toward a more appropriate forum I would be much obliged.

Thanks