Anderton
I had that problem after an update. Did a VST Reset and Rescan (my goto for any plug-in weirdness) and then it loaded fine. Maybe it's coincidence, but maybe not.
I just tried loading via both the insert menu and browser drag-and-drop, and the TTS-1 loaded without drama.
Yes - this was it. A full reset and re-scan took care of the problem for me, and TTS-1 now works fine. However - in the process I lost several plugs associated with the iLok License Manager - even though they show up as active, 1 of 2 activations. Latest version of iLok License Manager. Had to exclude everything licensed under iLOK LM to get the VST scan to proceed.
I'll sort it out separately.
For the OP - saw a recent post where you were concerned about the long time to scan plugins on startup - guessing there is probably a correlation with the issue you are having with TTS-1 and that a reset - rescan could resolve.