I also tried to clean the LocalData folder, deleting the file "Gameprefs" but nothing changes. The game starts with 800x600 resolution and any other resolution I imposed a crash occurs immediately.
I have a very similar error .... I have installed DirectX11 and my DXDIAG diagnostics everything is updated and working, including Direct3D ..... am attaching the image file error.... https://dl.dropboxusercontent.com/u/18382120/Screenshot%202014-01-29%2015.53.57.png