The following service:
"Backup Exec Continuous Protection Web Restore Backend"
I have since discovered that it's more likely to happen when a check mark is placed next to a directory with a large number of files (~700). It will provide an error on each file that has the "&" character present. Eventually the service above will crash. I can not get this to happen in a repeatable way. I have also discovered that I don't have the latest updates. I'm going to run LiveUpdate and try this again.