1. Choose Start > Computer > Organize > Folder And Search Options, and then click the View tab.
2. In the Advanced Settings section, deselect the Use Sharing Wizard (Recommended) option and click OK.
3. Navigate to \Program Files\Common Files\Adobe\.
4. Right-click the Adobe PCD folder and choose Properties.
5. In the Attributes section, deselect Read-Only, click Apply, and then click OK.
6. In the Security tab, make sure that Administrators and System are listed and permissions for security are set to
Full Control.
If not, do the following:
1. Click Edit.
2. If the User Account Control (UAC) elevation prompt appears, then follow the instructions to accept it.
3. Make the necessary changes.
7. Click Advanced.
8. In the Owner tab, click Edit and accept the UAC elevation prompt if it appears.
9. In the Change Owners Section, click Administrators.
10. Select the Replace Owner On Subcontainers and Objects option and then click Apply.
11. In the Permissions tab, click Edit and accept the UAC elevation prompt if it appears.
12. Select Replace Permission Entries On All Child Objects With Entries Shown Here That Apply To Child Objects.
13. Click OK and Yes until you have closed the FLEXnet Properties dialog box.
14. Launch your Adobe application
Hope it helps.
OTHER SOLUTION
Solution 1: Verify permissions to the Adobe PCD folder
Adobe PCD folder permissions
Set the permissions for Adobe PCD folder correctly. Verify that the following users and groups have these permissions:
Windows:
Administrators (Full Control)
SYSTEM (Full Control)
Mac OS:
Owner = System = read/write
Group = Admin = read only
Everyone = read only
Or from the terminal, drwxr-xr-x root admin
Adobe PCD folder locations
Windows 32-bit: \Program Files\Common Files\Adobe\Adobe PCD\
Windows 64-bit: \Program Files (x86)\Common Files\Adobe\ Adobe PCD\
Mac OS: /Library/Application Support/Adobe/Adobe PCD/
Solution 2: Verify permissions to the SLStore folder
SLStore folder permissions
Set the permissions for SLStore folder correctly. Verify that the following users and groups have these permissions:
Windows:
Administrators (Full Control)
Power Users (Everything but Full Control and Special)
SYSTEM (Full Control)
Users (Read and Special)
Mac OS:
Owner = System = read/write
Group = Admin = read/write
Everyone = read/write
Or from the terminal, drwxrwxrwx root admin
SLStore folder location
Windows Vista and Windows 7: \ProgramData\Adobe\SLStore
Windows XP: \Documents and Settings\All Users\Application Data\Adobe\SLStore
Mac OS: /Library/Application Support/Adobe/SLStore