This issue is resolved in the LiteSpeed for SQL Server 5.2 Service Pack 1.
The LiteSpeed for SQL Server Service Pack 1 is available on SupportLink.
Download the LiteSpeed for SQL Server 5.2 Service Pack 1 for KnowledgeBase Solution 61094 (LiteSpeed 5.2.0_SP1.zip) from SupportLink at the following location:
NOTE: To apply this service pack, you must have LiteSpeed for SQL Server 126.96.36.1990 installed. This service pack includes .MSP files for Windows 32-bit, Windows 64-bit and 64-Bit Itanium so please select according to your environment.