Failed to load resource DLL & Right-Click issues

After installing version 12.2, i continually get a "failed to load resource dll" error when attempting to right-click on any file or folder throughout my computer. It also effects my ability to drag and drop files such as pictures from one folder to another. After removing WS FTP, everything is back to normal. I really want to continue to use this product but it is impossible to operate my computer with these issues. I am using Window 7 on a 64 bit system. It worked well on my 32 bit XP Pro machine. Any help or suggestions would be appreciated.
I posted this earlier but believe I placed it in the wrong locatin of the forum
Thanks,
Bill