Errors on publishing posts with Moderation Enabled

Started getting this error today on my network after applying the WP Theme updates and the latest WPMU updates.

"Missing argument 2 for wpdb::prepare(), called in /wp-content/plugins/moderation/moderation.php on line 430 and defined in /wp-includes/wp-db.php on line 992"

This also throws a "Cannot modify header information error".