At the suggestion/request of Parallels 9 app I updated to the latest version of Parallels. The install failed. I decided to uninstall and an install the previous version from a backup. I followed the instructions in the kb article below. http://kb.parallels.com/en/116992 This does not work. There are still some files somewhere that cause the old app to want to "initialize". I did find some in /Library and deleted them. Still no joy. Oh, downloading the latest version and installing does not work either. I'm running 10.7.5, maybe it's too old of a version but that should have been caught on the version checking.
I just did this again and attempted to install the latest version of Parallels 9 and it failed again.