overlapped i/o operation is in progress

[ITKyle]

While installing the Displaylink V7.7M4 software I encounter the following error : "overlapped i/o operation is in progress"
This comes up during the Displaylink Core Software install portion (the part where the message says your screen may go black or flash)

I've looked online and come across numerous reports that this is related to Microsoft update KB2918614, which I have uninstalled to no effect.

I've fully uninstalled any traces of Displaylink's failed install using the tool found here, closed all other running programs and still get the same message.

I've also searched these forums for others with the same issue and the only one I found wasn't of any help resolving the issue.

I've ran the Displaylink support tool and attached the output and am hoping someone can help me find a solution to this infuriating issue.