Root Directory Error - Traktor 3

Hi,
(Running Windows 11)
When I run Traktor (v 3.11.1 17) I get the error msg:
"Could not initialize Traktor with root directory set to:
C:\Users\Kenny\Documents\Native Instruments\Traktor 3.70 Reset root directory to default value!"
I've been using 3.70 root dir without problems for a long time.
When I click through this, Traktor starts using the 3.11.1 directory but it doesn't have my collection, which is under 3.70
I've been using this other directory (3.70) for a along time without any problems and when I switch to it via the Settings and restart Traktor then the above error appears.
I tried restoring a very recent backup of the 3.70 files and folders but that did not help.
For obvious reasons, I'm quite concerned about this
Any help would greatly appreciated. Thanks!
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