I had the same problem. Conduit was installed after I downloaded DIVX. I followed the advise in this stream and removed DIVX and I removed the scheduled action entry for Conduit. But I still had that same RunDLL error message. I resolved it by searching my PC and removing all folders with the word Conduit, and then I edited the Registry and searched for and deleted all items with the word Conduit. That worked. Warning! editing the Registry can be dangerous if you are not experienced, be sure to create a Restore point before changing the Registry.
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