solved. Steam: Right-click on Champions Online in your library and open Properties. In the Local Files tab, click on Verify Integrity of Game Cache and allow this to complete. Hope it will help someone facing the same issue.
Hi Someguy... I deleted my piggs file from Champions Online directory. By launching the game, it patched the files and that ended the issue. I played for a few hours but now it seems I lost connection everytime I log ingame... :-(