Just noticed this notice on the macOS App Store version. (Background: the 1.1 update, released a couple of years back, resets your Plugins directory to the default install, and in doing so deletes all your plugins — as a bunch of people found to their detriment. There was an outcry, and I've just belatedly noticed that this was the response.)
(https://i.imgur.com/OsaTY30.jpg)
This is ... possibly the worst disclaimer I've ever seen, tbh. You "HAVE NOT lost your content", you just need to download it again. So, in other words, you've ... lost it. C'mon, Aspyr.