If you code 0x80070002 in the forum's search field, you will find that there are only 5 other mentions of this error code on the forum over the last 14 years - https://www.vegascreativesoftware.info/us/forum-search/?query=0x80070002. None appears to have resulted in a resolution to that error code.
The only reply to the post from 2012 was:
Try to google "windows 0x80070002" and you will see some 254.000 results as this is a often seen Windows problem (and not a Vegas problem)