i just installed Sony Vegas Pro 12. Am having same error message. But, mine crashes when it gets to the “Creating Windows” action.
Problem Description
Application Name: Vegas Pro
Application Version: Version 12.0 (Build 367) 64-bit
Problem: Unmanaged Exception (0xe0434f4d)
Fault Module: C:\Windows\system32\KERNELBASE.dll
Fault Address: 0x000007FEFD4C940D
Fault Offset: 0x000000000000940D
HELP!